“Life-LTC Hybrid Sales Level Off: LIMRA,” by Allison Bell, ThinkAdvisor
“LIMRA found that the number of ‘individual life insurance combination’ policies sold in the United States increased 2% in 2018, to 404,000. The total amount of new premium revenue associated with those combination policy sales fell 2%, to $4.3 billion. In 2017, LIMRA reported an 18% increase in the amount of new premium revenue associated with new combination policy sales. … A copy of the LIMRA life-LTC combination products survey summary is available here.”
LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform):
More policies, less premium.
