IFAwebnews » LTC

Calif. regulator accuses life insurer of trying to deny LTC benefits

Bob Graham — Fri, 23 Sep 2011 17:09:48 +0000

The California Insurance Department accused RiverSource Life Insurance Co. of unfair claims handling practices, including allegations that it developed practices designed to deny long-term care benefits to policyholders.

Calif. regulator accuses life insurer of trying to deny LTC benefits via IFAwebnews.

Linked-benefit products spur 62% combined individual life sales surge

IFAwebnews Staff — Tue, 21 Jun 2011 11:52:57 +0000

New premium sales of individual life combination products rose 62% in 2010, reaching $1.2 billion, boosted by linked-benefit products, according to LIMRA. The increase marks the second straight year of double-digit growth.

Linked-benefit products spur 62% combined individual life sales surge via IFAwebnews.

NAIFA-PA’s annual convention in Lancaster May 23

IFAwebnews Staff — Tue, 03 May 2011 12:18:49 +0000

The Pennsylvania chapter of the National Association of Insurance and Financial Advisors 2011 Annual Convention will be held at Lancaster Host Resort May 23-24 24. Registration opens at 7:30 a.m. May 23.

NAIFA-PA’s annual convention in Lancaster May 23 via IFAwebnews.

Annual rise in long-term care costs make insurance coverage ‘prudent’

Bob Graham — Wed, 27 Apr 2011 11:25:14 +0000

Long-term care costs continue to increase, but not at the same rate as other goods and services, according to the latest John Hancock Financial Cost of Care Survey.

Annual rise in long-term care costs make insurance coverage ‘prudent’ via IFAwebnews.

Is LTCi, long-term care insurance, on life support?

Tony Ondrusek — Tue, 16 Nov 2010 11:59:20 +0000

MetLife will no longer issue individual long-term care insurance policies.

Is LTCi, long-term care insurance, on life support? via IFAwebnews.

Va. insurer gets Kansas state workers’ long-term care insurance deal

IFAwebnews Staff — Fri, 06 Aug 2010 10:40:17 +0000

Genworth Life Insurance Co., part of Richmond, Va.-based Genworth Financial, will provide insurance for the Kansas State Employee Health Benefits Plan long-term care insurance program.

Va. insurer gets Kansas state workers’ long-term care insurance deal via IFAwebnews.

Va. agent drops suit over introduction in LTC insurance case

Bob Graham — Wed, 21 Jul 2010 13:03:00 +0000

A Richmond, Va., insurance agent's suit against LTC Financial Partners, the nation's largest producer-owned long term care insurance agency, has been dropped, the company said.

Va. agent drops suit over introduction in LTC insurance case via IFAwebnews.

FINRA bars N.J. man for distributing long-term care exam answers

Bob Graham — Tue, 01 Jun 2010 12:30:11 +0000

A New Jersey man was sanctioned for helping people cheat on a New Jersey continuing education course on long-term care insurance.

FINRA bars N.J. man for distributing long-term care exam answers via IFAwebnews.

Financial advisors give talk on long-term care planning short shrift

Keith L. Martin — Mon, 19 Apr 2010 12:15:05 +0000

New research indicates that while a number of Americans are planning for retirement, nearly 91% of their financial professionals are failing to broach the topic of how to fund potential long-term care costs.

Financial advisors give talk on long-term care planning short shrift via IFAwebnews.

New John Hancock product covers both life, LTC insurance needs

IFAwebnews Staff — Wed, 14 Apr 2010 16:00:04 +0000

John Hancock Life Insurance has launched LifeCare, a single-premium whole life insurance product that provides protection for both life and long-term care insurance needs, in a single policy.

New John Hancock product covers both life, LTC insurance needs via IFAwebnews.