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Re: LTC AND UNUM

Posted by Steve Eads, CLU on November 21, 2002 at 12:43:58:

In Reply to: LTC AND UNUM posted by Gerald Sanders on November 19, 2002 at 16:29:52:

: I wonder why UNUM declined to comment on air, or a representative thereof? Anyway, as true or untrue as the report is, this will surely impact current in-force policies and lapse ratios will it not? How will this impact it's LTC business and premiums?

Gerald, all I can say is if you look back to the 60 MINUTE revalation of abusive claims practices on STATE FARM INSURANCE you will find it hurt STATE FARM nationally in new and renewal business.

Steve Eads, CLU
www.LTCiPro.com


Follow Ups:



Re: LTC AND UNUM : : I wonder why UNUM declined to comment on air, or a representative thereof? Anyway, as true or untrue as the report is, this will surely impact current in-force policies and lapse ratios will it not? How will this impact it's LTC business and premiums? : Gerald, all I can say is if you look back to the 60 MINUTE revalation of abusive claims practices on STATE FARM INSURANCE you will find it hurt STATE FARM nationally in new and renewal business. : Steve Eads, CLU : www.LTCiPro.com

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