Long Term Care Insurance Companies
Tag Archives for John Hancock
Battle of the Long Term Care Insurance Titans
The proverbial silver tsunami is sweeping across America and the need for long term care protection is at an all time high, but the perfect economic storm has brought the long term care insurance business to a near standstill. Just as many Americans are learning to adjust for today’s new economic realities, insurers are scrambling […]
Linked Benefit Long Term Care Insurance
Long term care insurance has always been considered one of the most difficult insurance products to understand. Unlike most policies that cover an event (homeowner’s insurance pays for damage incurred by an event like flooding, fire, or storm damage, life insurance pays out in the event of one’s death, etc.), LTC policies mitigate the financial […]
Is long-term care insurance worth the price?
People are living longer and using more benefits than anticipated. Policies are getting pricier, so does it still make sense to buy long term care insurance? READ MORE
Long-Term-Care Rate Hikes Loom
Policyholders were stunned when insurer John Hancock announced in September that it would ask state regulators for permission to boost premiums on many of its long-term-care policies by an average of 40%. Learn why long term care insurance is still the best way to protect yourself despite proposed premium increases. READ MORE
When a Safety Net Is Yanked Away
MetLife will no longer be offering long term care insurance. John Hancock and Genworth have filed for permission to raise their long term care insurance premiums by an average of 40%. There are many problems for long term care insurers that are causing them to exit the business or raise their LTC premiums. Historically low […]