Best rated long term care insurance Long Term Care, Insurance – Consumer Reports
Best rated long term care insurance ******* Please Refresh Your Browser Window Long-term-care insurance Insurers are forced to boost premiums or stop selling policies Long-term-care insurance can help pay for the assistance you might need if you become ill or disabled in the future. But recent trends in the industry might be cause for concern for both current policyholders and potential ones. In the past five years, 10 of the top 20 insurers (by sales) have stopped selling new long-term-care policies, according to LIMRA International, an insurance industry research company. Major carriers such as MetLife and Unum are among them, and last March Prudential said it would stop selling the policies to individuals, although it still sells plans through employers and affinity groups. If you already have a policy, chances are your premiums have increased or will soon. Genworth Financial, for example, is increasing rates for a quarter of its policyholders by an average of 18 percent...