Recently, there has speculation about LTC insurers leaving the marketplace, including John Hancock. Although John Hancock has suspended group sales, they are firmly committed to the individual marketplace. Here is a communication from John Hancock to their distribution partners discussing their committment...
Download Marianne Harrison Letter to Distribution Nov 30 2011
Sure, LTC carriers are in a challenging market, but this isn't unlike other businesses. However, the need for LTC wil continue to grow and private insurance is going to continue to be a big part of that. Comments?
