** Is Lincoln Benefit still a good buy for LTC?

08-06-2005, 12:23 AM

A 10 pay option for LTC is an EXCELLENT concept, have sold them myself.
I know of no notice that L/B is leaving the LTC area.
However, if they do, YOUR contract will always be in force, even if they decide
to sell off their LTC business to someone else.
Have no fear L/B is a strong company.

Cal Lester CLU

"Jack" <jackbader[at]gmail.com> wrote in message
news:1122856545.607416.189250[at]g49g2000cwa.googlegroups.com...
- quote -

> Hi,
> My broker has us on the way to purchase a 10-pay LTC policy from
> Lincoln Benefit.
> However, they recently announced that they were going to stop selling
> LTC polices. They plan to continue to own the policies but outsource
> the administration.
> Anyone have an opinion on this? Does anyone have any other situations
> where a company stopped selling policies but the current policy holders
> were not affected?
> Thanks,
> Jack

#-1 08-01-2005, 09:30 AM

Hi,

My broker has us on the way to purchase a 10-pay LTC policy from
Lincoln Benefit.

However, they recently announced that they were going to stop selling
LTC polices. They plan to continue to own the policies but outsource
the administration.

Anyone have an opinion on this? Does anyone have any other situations
where a company stopped selling policies but the current policy holders
were not affected?

Thanks,
Jack

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