The traditional long term care insurance arena which once flourished with over 100 underwriters 20 years ago is now down to 9 companies. Mass Mutual has made the decision to stop offering for sale all traditional long term care insurance policies effective January 28th, 2021. Mass Mutual has made the decision to leave the traditional LTC arena due to low traction with sales on its Signature Care 600 policy series released in 2019. This is not surprising news as I thoroughly discussed the non-competitive pricing of the Mass Mutual Signature Care 600 LTC insurance policy series when it was priced
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