There's a Difference Between Losing Money and Not Making As Much Profit As You'd Hoped

[Arthur Rudnick]

originally posted by Ellie Kwent

Arthur, does that mean you have stopped selling LTCI?

I have been specializing in LTCi for 20 years and have no intention of stopping.

However, that doesn't mean I don't have the right to voice displeasure about the industry and it's overall performance these past 10 years.

I am very passionate about the product and I will continue to voice my opinion on both the good & the bad as it relates to the industry.

 

[Mr_Ed]

originally posted by Ellie Kwent



I have been specializing in LTCi for 20 years and have no intention of stopping.

However, that doesn't mean I don't have the right to voice displeasure about the industry and it's overall performance these past 10 years.

I am very passionate about the product and I will continue to voice my opinion on both the good & the bad as it relates to the industry.

OK, Arthur, there aren't that many parts to a LTCi premium.

We have:

1) lapse rate
2) interest rate
3) mortality rate
4) morbidity rate

Which of these is priced wrong in the policies that are available for purchase today?