Long term care insurance is struggling due to many factors

Long Term Care Insurance Industry

There are many causes of the challenges faced by this sector of the industry. The long term care insurance sector of the industry has been facing a lot of difficulties over the last few years due to a lack of new customers and increased use by older policyholders. Carriers have been giving up on the sector altogether and have been dropping out of it. The long term care insurance companies that have decided to hold their ground within the sector are resorting to efforts that are less favorable to the…

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