Agents expect to sell more LTCI policies this year than last

May 7, 2019

  1. Insurance Forums Staff
    Offline

    Insurance Forums Staff Super Genius

    Posts:
    110
    Likes Received:
    11
  2. Arthur Rudnick
    Offline

    Arthur Rudnick Moderator Moderator

    Posts:
    1,633
    Likes Received:
    7
    State:
    New York
    350,000 Americans did not buy Long Term Care Insurance policies in 2018……………….

    16% of that figure purchased Stand-alone traditional LTC policies.
    Therefore, only 56,000 people bought LTCi policies and 294,000 bought hybrid life insurance policies, which had a LTC rider.

    In 2017 there were 70,000 stand-alone LTCi policies sold. In 2018 there were 56,000.
    Let’s not allow numbers to confuse everyone.
     
  3. rousemark
    Offline

    rousemark Still Here!

    Posts:
    16,288
    Likes Received:
    3,825
    State:
    Tennessee
    Arthur, I would say the number that DID NOT buy is far higher than that...
     
Loading...