I purchased a Long-Term Care policy from John Hancock in 1999. The benefits for nursing home expenses increase $4.00 a day every year of the policy. That was part of the contract.in 2010 the premium increased 13%.in 2012 the premium increased 46%. The State of Kansas Insurance regulators stated the ...
I purchased a long term care policy from John Hancock 10 years ago. The younger you are when you buy one, the lower the premium. The policy does say that they can raise the premium but the agent said that rarely if ever happens. Then, 2 years ago, they raised the premium by 30%. I was not happy. ...
My wife and I have owned long term care policies for nine years and the premiums have remained the same during this period. We have arranged our finances to assure that we can continue to pay these premiums so that we have adequate protection. This week, we were notified that our premiums will ...
I had two long standing life insurance policies with John Hancock. At the end of I had renal cell cancer but a timely kidney stone brought it to light in time to save my life. Had that not occurred, I would have died during the first half of 2008. In September John Hancock told me that my policies ...