Charlie456
Expert
- 88
Has anyone done this? Who did you sell it to and what kind of multiplier did you get?
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Has anyone done this? Who did you sell it to and what kind of multiplier did you get?
it's not worth it.
don't do it.
Has anyone done this? Who did you sell it to and what kind of multiplier did you get?
it used to be 3-4 x your annual premiums.
But, every block is different. Depends on the age of your policyholders.
I think you meant to say 3-4 times renewals... ??
I'm looking at LTC Global. We will see what they come back with.
Oh............
What I meant to say was that I was hoping they would pay 3-4 x the annual premium.
But they actually pay 3-4 x the annual renewals.
(If they paid 3-4 times the annual premiums, I would have been out of here a long time ago)
Id sell my small amount of LTCI in a heartbeat for a valuation of 3-4 times premium!! lol
it's not worth it.
don't do it.