Over 150.000 insurance professionals and consumers come to the Insurance Forum every month. Click here to register for FREE


Go Back   Insurance Forums > Insurance Agents and Brokers Forum > Long Term Care Insurance Forum

Reply to Auto Owners Long Term Care Insurance     
Old 02-28-2017, 02:33 PM   #1
New Member
 
Join Date: Feb 2017
Posts:3
State: IAOC is an Insurance Agent from Undisclosed Location
Auto Owners Long Term Care Insurance Auto Owners Long Term Care Insurance
I have been selling some traditional long term care policies through Auto Owners. To my knowledge they don't sell through brokers and therefore have limited reach. In my experience they are a basic traditional policy that offers tremendous value (coverage for the price). They have not raised premiums on existing issued business. They appear committed to the market. Their policy is an indemnity benefit at claim.

The biggest downside to most traditional carriers is that they don't offer a partnership plan with any state.

Other than that, what are other thoughts are there on Auto Owners?
------------------------------------
  Reply With Quote to Auto Owners Long Term Care Insurance

Old 02-28-2017, 02:51 PM   #2
Guru
 
Join Date: Nov 2008
Posts:1,851
State: Mr_Ed is an Insurance Agent from New Jersey
Mr_Ed is a member of 1000 posts VIP club
Auto Owners Long Term Care Insurance Re: Auto Owners Long Term Care Insurance
Originally Posted by IAOC View Post
I have been selling some traditional long term care policies through Auto Owners. To my knowledge they don't sell through brokers and therefore have limited reach. In my experience they are a basic traditional policy that offers tremendous value (coverage for the price). They have not raised premiums on existing issued business. They appear committed to the market. Their policy is an indemnity benefit at claim.

The biggest downside to most traditional carriers is that they don't offer a partnership plan with any state.

Other than that, what are other thoughts are there on Auto Owners?

what state are you in?
------------------------------------
  Reply With Quote to Auto Owners Long Term Care Insurance
Old 03-01-2017, 08:36 AM   #3
New Member
 
Join Date: Feb 2017
Posts:3
State: IAOC is an Insurance Agent from Undisclosed Location
Auto Owners Long Term Care Insurance Re: Auto Owners Long Term Care Insurance IAOC is the thread starter for: Auto Owners Long Term Care Insurance

Originally Posted by Mr_Ed View Post
what state are you in?
Mostly the state of Iowa
------------------------------------
  Reply With Quote to Auto Owners Long Term Care Insurance
Old 03-01-2017, 08:41 AM   #4
Guru
goillini52 on Auto Owners Long Term Care Insurance
 
Join Date: Aug 2013
Posts:13,290
State: goillini52 is an Insurance Agent from Illinois
goillini52 is a member of 5000 posts Super VIP club
Auto Owners Long Term Care Insurance Re: Auto Owners Long Term Care Insurance
Originally Posted by IAOC View Post
Mostly the state of Iowa

Are you on the border?
------------------------------------
  Reply With Quote to Auto Owners Long Term Care Insurance
Old 03-01-2017, 11:08 AM   #5
Guru
 
Join Date: Nov 2008
Posts:1,851
State: Mr_Ed is an Insurance Agent from New Jersey
Mr_Ed is a member of 1000 posts VIP club
Auto Owners Long Term Care Insurance Re: Auto Owners Long Term Care Insurance
Originally Posted by IAOC View Post
Mostly the state of Iowa
I just found 10 different companies who sell LTC Partnership policies in Iowa.
Why do you think nobody does?
------------------------------------
  Reply With Quote to Auto Owners Long Term Care Insurance
Old 03-01-2017, 12:29 PM   #6
Guru
CALTCAgent on Auto Owners Long Term Care Insurance
 
Join Date: Aug 2009
Posts:2,017
State: CALTCAgent is an Insurance Agent from California
CALTCAgent is a member of 1000 posts VIP club
Auto Owners Long Term Care Insurance Re: Auto Owners Long Term Care Insurance
Originally Posted by IAOC View Post
In my experience they are a basic traditional policy that offers tremendous value (coverage for the price).
Do you have a quote you can share ?

Originally Posted by IAOC View Post
They have not raised premiums on existing issued business. They appear committed to the market.
When did they start selling LTC ?

Originally Posted by IAOC View Post
Other than that, what are other thoughts are there on Auto Owners?
Do you have a link to their plans ?
------------------------------------
  Reply With Quote to Auto Owners Long Term Care Insurance
Old 03-02-2017, 06:41 PM   #7
Guru
ltcadviser on Auto Owners Long Term Care Insurance
 
Join Date: Nov 2008
Posts:1,744
State: ltcadviser is an Insurance Agent from Undisclosed Location
ltcadviser is a member of 1000 posts VIP club
Auto Owners Long Term Care Insurance Re: Auto Owners Long Term Care Insurance
Originally Posted by IAOC View Post
I have been selling some traditional long term care policies through Auto Owners. To my knowledge they don't sell through brokers and therefore have limited reach. In my experience they are a basic traditional policy that offers tremendous value (coverage for the price). They have not raised premiums on existing issued business. They appear committed to the market. Their policy is an indemnity benefit at claim.

The biggest downside to most traditional carriers is that they don't offer a partnership plan with any state.

Other than that, what are other thoughts are there on Auto Owners?
Good policy for the money. If in 20 years the underwriting proves to be responsible, it is good.
------------------------------------
  Reply With Quote to Auto Owners Long Term Care Insurance
Old 03-20-2017, 10:29 PM   #8
Guru
ltcadviser on Auto Owners Long Term Care Insurance
 
Join Date: Nov 2008
Posts:1,744
State: ltcadviser is an Insurance Agent from Undisclosed Location
ltcadviser is a member of 1000 posts VIP club
Auto Owners Long Term Care Insurance Re: Auto Owners Long Term Care Insurance
Originally Posted by Mr_Ed View Post
I just found 10 different companies who sell LTC Partnership policies in Iowa.
Why do you think nobody does?
The OP did not say Partnership policies are unavailable in Iowa. The OP said the only downside of Auto Owners is its policy is not a Partnership policy.

Auto Owners probably has the least expensive policy I have seen in the past 4 years for what it is worth.

  Reply With Quote to Auto Owners Long Term Care Insurance
Old 03-21-2017, 11:36 AM   #9
Expert
 
Join Date: Jun 2014
Posts:29
State: Ocho is an Insurance Agent from
Auto Owners Long Term Care Insurance Re: Auto Owners Long Term Care Insurance
Crazy. I've been trying to get an AO contract on the P and C side for the last five years. Can't do it because my competitor writes a ton of it. Didn't realize they even had an LTC product. What side of Iowa are you on? Western Iowa here.
------------------------------------
  Reply With Quote to Auto Owners Long Term Care Insurance
Reply to Auto Owners Long Term Care Insurance 

  Insurance Agent Forum > Insurance Forums > Insurance Agents and Brokers Forum > Long Term Care Insurance Forum


Tags
long term care




Similar Threads with Auto Owners Long Term Care Insurance
Thread Thread Starter Forum Replies Last Post
Is anyone going to the Convention (National Agents Alliance) (NAA dvd493 Life Insurance Forum 1591 11-17-2016 10:24 AM
Affordable Long Term Care trishaatorga Long Term Care Insurance Forum 0 01-07-2014 12:15 PM
Another Carrier Bites the Dust Post Quartermaster Health Care Reform Forum 7 07-09-2013 10:57 PM
The Carriers of Long Term Care (Long Term Care Insurance Series) Brokers Alliance Life Insurance Forum 0 04-17-2013 11:31 PM
John Hancock Increases Long Term Care Rates by 90% tlmarketing Long Term Care Insurance Forum 124 03-26-2012 10:07 AM



All times are GMT -5. The time now is 05:19 PM.

Forum enabled with vBulletin®
Copyright ©2000 - 2017, vBulletin Solutions, Inc.


Join the Forum - It's FREE

Share This Page



Weekly Poll

Where do we go from here? POLL
Nothing - No ACA fixes - status quo
29.82 %
HHS Rulings and band aid bills
17.54 %
Hail Mary repeal and/or replace bill
17.54 %
A bipartisan bill to fix ACA
35.09 %

Voters: 57. This poll is closed