One More Down in NY

[Arthur Rudnick]

Transamerica to Exit Traditional LTCI Business​

Transamerica has announced that it plans to stop selling traditional LTCI new business in the first quarter of 2021. We do not yet have a full formal announcement for the field, with transition guidelines and details, but one should be forthcoming soon.

 

[ltcadviser]

Transamerica to Exit Traditional LTCI Business​

Transamerica has announced that it plans to stop selling traditional LTCI new business in the first quarter of 2021. We do not yet have a full formal announcement for the field, with transition guidelines and details, but one should be forthcoming soon.

Pretty soon Scott won’t have any underwriters and will have to write hybrids.

 

[LostDollar]

A statement that I saw indicates they will continue to sell LTC riders on some of their products.

 

[Life Hawk]

LTC is dying a slow and painful death. Has been for years IMHO.