In a fresh reminder that more change is coming to an uncertain long-term care insurance market, MetLife will no longer sell new such policies and discontinue new enrollments into existing group and multi-life LTC plans.
The move will not affect existing coverage as long as premiums are paid on time. Also, the carrier reports that the timing will vary based on existing contractual obligations and that new applications for individual policies will be accepted as long as they arrive on or before December 30, 2010.
