Source: LIMRA

Individual standalone long-term care insurance sales declined nearly 60 percent from 2012 to 2016. Premiums fell from $550 million to $228 million. During that period, new premiums for life and long-term care insurance combination policies increased from $2.4 billion to $3.6 billion.

Related Articles

Talk with the pros

Our CPAs and advisors are a great resource if you’re ready to learn even more.