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“Prudential will no longer sell group long-term term care insurance”

Prudential Group Insurance said it will stop selling group long-term care insurance as of August 1 because low interest rates have diminished prospects for earnings growth. Coverage will remain in place on existing policies, which will continue to be renewed, the insurer said. Read more here...


Source:  Newman, Richard. “Prudential will no longer sell group long-term term care insurance.” The Record. 20 July 2012.
http://www.northjersey.com/news/163143646_Prudential_unit_ends_group_long-term_care_policies.html?page=all