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Tag Archives: Policies

Drastic Increases in Long-Term-Care Insurance!

Long-Term-Care

Insurance companies across the country, specifically those that offer long-term-care policies, have been working with state insurance regulators to drastically increase premiums for many individuals who may have older policies. Why? It comes down to two primary reasons: 1. Insurance companies badly overestimated the predicted number of policy lapses. They expected a higher number of policy holders to allow their ...

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