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2012 March : Long Term Care Insurance Network

Genworth Bets on Long-Term Care as Insurers Flee Market

By administrator | Mar 31, 2012

Genworth Bets on Long-Term Care as Insurers Flee MarketNews from BusinessWeek: Genworth Financial Inc. (GNW) (GNW), the biggest U.S. seller of long-term care coverage, is betting on a rise in interest rates to boost profits as other insurers flee the business. Genworth, ranked by trade group Limra among the top five long-term care insurance providers [...]

Long-term care insurance costs rising

By administrator | Mar 30, 2012

Long-term care insurance costs risingNews from Tucson Citizen: Source: USA TODAY Just as aging Baby Boomers are realizing they may need long-term care insurance, the marketplace is shrinking, the cost of premiums is soaring, and providers are altering the policies they offer. Long-term care insurance helps cover expenses that typical health insurance doesn’t, such as [...]

Long-term care insurance policy costs rising

By administrator | Mar 29, 2012

Long-term care insurance policy costs risingNews from USA TODAY: By Christine Dugas, USA TODAY Updated Just as aging Baby Boomers are realizing they may need long-term care insurance, the marketplace is shrinking, the cost of premiums is soaring, and providers are altering the policies they offer. Eileen Blass, USA TODAY Long-term care insurance can help [...]

Genworth Bets on Long-Term Care as Insurers Flee Market

By administrator | Mar 28, 2012

Genworth Bets on Long-Term Care as Insurers Flee MarketNews from Bloomberg: Enlarge image Genworth Chief Executive Officer Michael Fraizer Genworth Chief Executive Officer Michael Fraizer said in 2009 that he was directing resources to life insurance and long-term care after losses on retirement products and mortgage guaranties. Genworth Chief Executive Officer Michael Fraizer said in [...]

Boomers unready for long-term needs

By administrator | Mar 27, 2012

Boomers unready for long-term needsNews from Minneapolis Star Tribune: Log In You must be registered to comment and vote on comments. Email or username:   Password:   Forgot your password?   |   Not a member? Register now …………… continues on Minneapolis Star Tribune … Read the full article . Related News: . Ask The Experts: Paying for long-term care needs [...]

Ask The Experts: Paying for long-term care needs attention now

By administrator | Mar 26, 2012

Ask The Experts: Paying for long-term care needs attention nowNews from Sacramento Bee: Paying for long-term care is a worry for many, particularly aging baby boomers. This week, certified financial planner Kevin Young, of Young Wealth Management in Davis, Calif., offers some advice on the topic. Question: I’m 65 and interested in getting long-term care [...]

Insurers, including NJ’s Prudential Financial, pulling out of long-term care …

By administrator | Mar 25, 2012

Insurers, including NJ’s Prudential Financial, pulling out of long-term care …News from The Star-Ledger – NJ.com: Steve Hockstein/Bloomberg Prudential Financial Inc. headquarters in Newark in 2009. The insurance company has stopped selling long term care coverage, following a trend in the industry. NEWARK — Longer-than-expected lives and lower-than-anticipated interest rates are to be celebrated, but [...]

ctwatchdog.com: Long Term Care Insurance: A Gamble For Consumers, A Sure Bet …

By administrator | Mar 25, 2012

ctwatchdog.com: Long Term Care Insurance: A Gamble For Consumers, A Sure Bet …News from Torrington Register Citizen: Oops! We’re sorry. We recently upgraded our Web site and the page you requested – could not be found! Here are some quick links to help you. Please update your bookmarks so it’ll be easier to find us [...]

YOUR MONEY: Six keys to long-term care coverage

By administrator | Mar 24, 2012

YOUR MONEY: Six keys to long-term care coverageNews from Reuters: Wed Mar 21, 2012 3:25pm EDT (The writer is a Reuters contributor. The opinions expressed are her own.) By Kathleen Kingsbury March 21 (Reuters) – Patricia Rief-Heskett purchased long-term care insurance 15 years ago because she was worried about the rising cost of nursing home [...]

Six keys to long-term care coverage

By administrator | Mar 23, 2012

Six keys to long-term care coverageNews from Reuters: By Kathleen Kingsbury Wed Mar 21, 2012 3:29pm EDT (Reuters) – Patricia Rief-Heskett purchased long-term care insurance 15 years ago because she was worried about the rising cost of nursing home care. Now that the Omaha, Neb., retiree is 67, she worries that coverage won’t be available [...]

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