New MassMutual LTC

Feb 28, 2019

  1. Tothetop
    Offline

    Tothetop Super Genius

    Posts:
    159
    Likes Received:
    52
    State:
    New York
    I waited for Carechoice One to make its way to NY, as we dont have many hybrid options, and when it came in 2017 I was so disappointed. Elimination period, single premium, and the age limits just didnt make sense.

    There "peculiar" inflation protection (or lack thereof) I kind of understood. It seemed they believed most people would use their benefits in their 80's so you can either get it all now (with no inflation protection) or get it later with inflation protection and continue to have your benefits increase as the policy ages.
     
  2. ltcadviser
    Offline

    ltcadviser Guru

    Posts:
    1,961
    Likes Received:
    125
    High premium, low LTC benefit, Lack of inflation protection- Mass Mutual wins a free ride on your money. Zero risk. And then they turn the sales machine over to their in-house agents and Fidelity Investments.
     
Loading...
Similar Threads
  1. Charlie456
    Replies:
    21
    Views:
    3,068
  2. Charlie456
    Replies:
    5
    Views:
    2,013