Filed Under:Health Insurance, Ltci

Prudential Drops Individual LTCI

The individual LTCI market seas got too rough for Prudential. (AP Photo/Jim Dietz)
The individual LTCI market seas got too rough for Prudential. (AP Photo/Jim Dietz)

Prudential Financial Inc. says it is ending sales of individual long-term care insurance (LTCI) and focusing solely on the sale of voluntary group LTCI products.

Prudential, Newark, N.J. (NYSE:PRU), says it will honor existing individual LTCI policies.

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Nichole Morford

Nichole Morford
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