“LTC Product Sales Rise 12%: LIMRA,” by Allison Bell, ThinkAdvisor

“Stand-alone long-term care insurance (LTCI) may continue to be in the doghouse, but overall sales increased 12% in 2016, according to data from LIMRA. LIMRA analysts report in a new commentary that premium revenue from new sales of three major categories of long-term care (LTC) planning products increased to $4.3 billion last year, from $3.8 billion in 2015. New sales of individual stand-alone LTCI fell 13%, to $228 million, but sales of individual annuities that offer LTC benefits increased 2.1%, to $480 million.”

LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform):

The LTCI market is changing, but it’s not disappearing and it’s best years are still ahead.

LTC Product Sales Rise 12%: LIMRA

#ltc
#LIMRA
#goldencareagent