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Tag Archives for MetLife

MetLife to Stop Selling Long-Term-Care Insurance

MetLife, which had been one of the largest providers of long-term-care insurance, announced on November 10 that it plans to stop selling both group and individual long-term-care policies. READ MORE

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When a Safety Net Is Yanked Away

MetLife will no longer be offering long term care insurance. John Hancock and Genworth have filed for permission to raise their long term care insurance premiums by an average of 40%. There are many problems for long term care insurers that are causing them to exit the business or raise their LTC premiums. Historically low […]

Posted in Genworth, John Hancock, Long Term Care, Long Term Care Insurance, MetLife, Premium Costs | Also tagged , , , Comments Off on When a Safety Net Is Yanked Away

MetLife axes long-term care insurance coverage

MetLife said Thursday that it plans to stop selling long-term care insurance at the end of December and won’t sign up new customers into group plans as of next year. READ MORE

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MetLife Steps Back From Long-Term Care Market

The coverage has forced some insurers to pay significantly more in claims than they expected. Others have exited the business as well. MetLife Inc. said it will halt sales of long-term-care insurance, a type of coverage that repeatedly has flummoxed insurers and forced some to pay significantly more in claims than they expected. READ MORE

Posted in Long Term Care | Also tagged , , 4 Comments
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