2012 was a significant year in long-term care insurance offered through the worksite, as companies such as Prudential and Unum decided to stop writing group LTC policies. Currently there is only one major writer of Group LTC insurance, Genworth Financial, and it is being selective on which carriers it is making offers to.
That being said, 2013 should be a year of growth in LTC sales through the worksite. Why? Instead of employers offering group policies to employees, they are offering individual policies sold on a multi-life basis.
