Decline rates rising for LTCI applicants under 70; stable (but high) for those over 70

[ltcadviser]

I agree that "Hybrid LTC" (MoneyGuard type of products) are not great at doing anything. That is why I have never sold one.

Well actually Tyler, linked benefit LTC policies like MG are great at providing inflation adjusted LTC benefits with Return of Premium for a fixed cost. There is a big market for this specific type of policy. I will invite you to sell one sometime in the future.

 

[Mr_Ed]

Oy Vey

 

[ltcadviser]

View attachment 4388 View attachment 4388

 

[Mr_Ed]

What good is a fixed price when it's priced 2x to 4x higher than a price that may go up.