|Last Price$46.39||Day Change (%)-1.13%|
|Open Price$46.80||Day Change ($)-0.53|
|Day Range46.06–47.12||52-Week Range38.64–47.20|
As of Fri 4/29/2016 6:36:00 PM | USD
Fitch Affirms Unum's Ratings; Outlook Stable
Low comfort level with LTC products makes advisers recoil, but some think that's a weak argument.
The firm is suspending sales in traditional life insurance and fixed annuity products in the first quarter of 2016.
A new twist is coming to LTC insurance: gender-based pricing, and women can expect to pay 20% to 40% more for coverage than men, says Michael Kitces.
The largest LTC insurer is offering a medically underwritten single premium immediate annuity as an alternative for older Americans.
The largest long-term-care insurer debuts a medically underwritten single premium immediate annuity as an alternate way for older Americans to get LTC coverage.
Advisers should take these factors into account when incorporating long-term-care insurance into a client's financial plan.
Palisades Hudson Newsletter: http://palisadeshudson.com/sentinel/ Larry Elkin's Blog: http://palisadeshudson.com/current-commentary/
The cost of future long-term care for boomers could be more than three times what they're expecting, a consumer survey by Nationwide Financial found.
A Nationwide Financial survey found 42% of advisors saying their clients wanted to ‘intentionally impoverish themselves’ to qualify for Medicaid.