Regular LTC policies without rate increases?

"Am I right to assume that once you finish paying the premium (single pay, 5-pay, 10-pay, etc.) for a regular LTC policy, then no more rate hikes? They can't come back to you afterwards and force you to pay more premium?

You're correct.
 
I wouldn't know about that since all of the big players absolutely do.

The big players account for about 25% of the hybrid sales.
Most hybrids are CI riders added to IUL policies sold to people in their 30's and 40's.
 
Yes, for the total Hybrid policy number in the WSJ article according to LIMRA survey for 2016:
- 47% Chronic Illness Rider (101g)
- 39% Acceleration of Death Benefits only
- 14% Extension of LTCi Benefits.


ONLY 14% of the hybrids are really hybrids.
 
Yes, for the total Hybrid policy number in the WSJ article according to LIMRA survey for 2016:
- 47% Chronic Illness Rider (101g)
- 39% Acceleration of Death Benefits only
- 14% Extension of LTCi Benefits.


ONLY 14% of the hybrids are really hybrids.
ok...but considering the demographics of this sub-forum and the topic, I still think that you knew exactly what I was referencing and just wanted to be pedantic.
 
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