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 New Product
Author: Arthur Rudnick 
Date:   02-17-05 14:26

Prudential is rolling out it's third generation LTC policy, LTC3. This policy offers a number of new benefits, including: International coverage, Calendar Day Elimination Periods, Restoration of Benefits and an Alternate Care of Plan. A Monthly Cash Benefit is available as an option.

The policy has been approved in 21 states, with a launch date of 3/21.


MetLife has started to roll out it's new policy, VIP2. It was first launched in 19 states on 1/28. A number of new or revised benefit features have been filed, but all states are not expected to approve every one.

I haven't seen any rates, but history tells us both plans are probably substantially higher than the ones they're replacing.

Arthur


 
 Re: New Product
Author: Steve Eads, CLU 
Date:   02-17-05 15:46

That will put the PRU out of site in my 9 states, if true.

Steve Eads, CLU
www.LTCiPro.com


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