Is the end approaching for long term care insurance?

Long Term Care Insurance

Recently, those in the insurance industry have started to look into the future of long-term care (LTC) insurance and the possibility that its own future may not be as long as it could be, especially as one insurer after the next steps its way out of that particular sector. Throughout the last three years alone, MetLife, Guardian, Unim Group, and Allianz, have all backed out of the LTC business. Similarly, in March, Prudential stated that it would no longer be issuing individual policies for that form of insurance. The primary…

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