Mutual of Omaha is dropping their LTC annuity (Living Care).....citing interest rate issues.
Never liked the product, so do not really care. Genworth's LTC annuity was a much better choice for its limited life span......but still not a fan of the concept. Seems like the Life/LTC combos offer more bang for the buck in general if you like those.
Guess that leaves State Life as far as some form of LTC annuity...other than the longevity insurance offerings with the "LTC" doublers, etc. Anyone pitching the deferred annuities from Phoenix, Secure Income, Aviva, etc for the uninsurables or the people looking for the extra lifetime pensions? Lots of steak dinners used to sell these for sure.
Never liked the product, so do not really care. Genworth's LTC annuity was a much better choice for its limited life span......but still not a fan of the concept. Seems like the Life/LTC combos offer more bang for the buck in general if you like those.
Guess that leaves State Life as far as some form of LTC annuity...other than the longevity insurance offerings with the "LTC" doublers, etc. Anyone pitching the deferred annuities from Phoenix, Secure Income, Aviva, etc for the uninsurables or the people looking for the extra lifetime pensions? Lots of steak dinners used to sell these for sure.