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I remember being told by a Mass wholesaler about their LTCi product. A lot of people bash it because it is pricey. But he told us that they priced it with an extremely low lapse ratio. He claimed that everyone used life lapse ratios when early on with LTCi. Apparently that isn't the case, so Mass assumed an extremely low lapse rate in their pricing. That is why they feel so confident that dividends will pay out in the future.
Will it play out that way, who knows. But at least they made safe assumptions going in.
Will it play out that way, who knows. But at least they made safe assumptions going in.