Prudential Bites the Dust

[Chuckles21]

Personally, when I did apples to apples I thought they were a little higher. They "rarely" gave preferred (I don't like using never, but I never saw it) and their service was horrible in every way.

Interesting, thanks for your input.

 

[Mr_Ed]

An article about how great the LTCi market is written by the "ltcshop.com" Great source.

But the guy who wrote it sure is sexy.
Nothing quite as sexy as a bald-headed, middle-aged man.
yum. I hope my husband doesn't read this.

nadm

 

[Crabcake Johnny]

Lol. I guess no one knows the LTC market better than agents. Certainly not the carriers that are pulling on en masse. They must have it all wrong.

 

[Mr_Ed]

Lol. I guess no one knows the LTC market better than agents. Certainly not the carriers that are pulling on en masse. They must have it all wrong.

"en masse"?
puleeeeeeeeeez.

 

[Crabcake Johnny]

Put into perspective of carriers pulling out of other lines of insurance? It's a flood of carriers leaving.

 

[Mr_Ed]

Put into perspective of carriers pulling out of other lines of insurance? It's a flood of carriers leaving.

Since you're so knowledgeable on the subject, can you please provide us with a list of the "masse".

 

[Crabcake Johnny]

Google it - you'll quickly find 'em, and you already know anyway, all the carriers who have pulled out. But the Kool Aid always tastes great.

Am I saying the product is bad? I'm saying the exact opposite. Every senior needs it. I worry about it with my parents. LTC needs to go main stream. But facts are facts regarding how this market's been performing for the carriers.

 

[Mr_Ed]

Google it - you'll quickly find 'em, and you already know anyway, all the carriers who have pulled out. But the Kool Aid always tastes great.

Am I saying the product is bad? I'm saying the exact opposite. Every senior needs it. I worry about it with my parents. LTC needs to go main stream. But facts are facts regarding how this market's been performing for the carriers.

please just provide a number.
since it's so easy to find all the companies that have fled this market. how many have?

 

[Crabcake Johnny]

"Approximately five major carriers issue more than 75% of all the LTC insurance sold in the United States, while ten carriers represent more than 95% of the current market. Of the 125 carriers that once sold LTC insurance, most have left the market, sold their LTC business, or are offering coverage to a limited market (group only vs. individual)."

http://spcbenefitadvisor.com/papers/SPC_BenefitAdvisors_LTCChangingMarket.pdf

So yes...a flood.

 

[Mr_Ed]

"Approximately five major carriers issue more than 75% of all the LTC insurance sold in the United States, while ten carriers represent more than 95% of the current market. Of the 125 carriers that once sold LTC insurance, most have left the market, sold their LTC business, or are offering coverage to a limited market (group only vs. individual)."

http://spcbenefitadvisor.com/papers/SPC_BenefitAdvisors_LTCChangingMarket.pdf

So yes...a flood.

just goes to show you can't believe everything you read on the internet.

does that person actually think that 115 have left the market... what an ***.