Long term care insurance companies paid $6.6 billion in claims to over 200,000 individuals in 2011. The largest long-term care insurance claim ever paid to date totaled $3 million. The largest claim still being paid has exceeded $1.7 million in paid benefits. (In... Learn More
Entering the LTC insurance market barely three years ago, American General has now exited that market for good. Applications will be accepted only until Aug. 1st. In a PNR, AGL explained simply that a correct mix of health-related insurance products were needed... Learn More
LOMA’s Fellow Life Management Institute (FLMI) Fall 2012 Enrollment The Life Office Management Association (LOMA) offers an insurance education program that can provide you with the knowledge and skills you need to succeed in the life insurance industry. Through LOMA, insurance professionals... Learn More
July 18 (Reuters) – Insurer Prudential Financial Inc said on Wednesday it would stop selling group long-term care policies, making it the latest insurer to step back from the historically money-losing product. Prudential, the No. 2 U.S. life insurer, said it would... Learn More