mickeyd
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Says that even tho 12% of sales are in CA, it's suspending sales on 3/21. Better sign up ASAP if you are thinking about getting coverage. Wonder which state(s) is/are next?
Genworth Halts Long-Term Care Insurance Sales In California
Genworth Financial Inc., the provider of life insurance and mortgage guaranties, said it is suspending sales of individual long-term care coverage in California as the company works to start replacement offerings with better returns.
Genworth will stop selling the policies, which can help pay for home-health aides or nursing home stays, effective March 21, according to a statement today from the Richmond, Virginia-based company. The products being suspended in California, the most populous U.S. state, accounted for 12 percent of Genworth’s long-term care sales last year.
Genworth Halts Long-Term Care Insurance Sales In California