One of the pioneers of long term care insurance announced today it is making the difficult decision to stop selling long term care insurance policies effective December 2, 2016. John Hancock has...
The IRS just released an announcement that the 2017 tax deduction limits for traditional tax-qualified long term care insurance premiums are increasing for tax year 2017. The increase approximates 5% from the 2016 LTC tax deduction limits.
Founded in 2006 as a wholly owned for-profit subsidiary of Blue Cross and Blue Shield of Michigan, LifeSecure Insurance Company focuses on long term care insurance, marketing today only within the group worksite arena.
Nationwide offers a somewhat unique long term care insurance policy in the marketplace. The Nationwide YourLife CareMatters policy is a hybrid linked-benefit policy that offers you cash indemnity LTC benefits.