Long Term Care Insurance quotes rate increase

Questions from our client about his long term care insurance quotes:


Noticing a lot of stories on the web about problems in the Long Term Care Insurance quotes industry … companies getting out of the business – and consumers being stuck with unexpected increases in their premiums (or being denied coverage based on the fine print of the agreements.) Do any of these firms offer more protection than others against price hikes later – or have a better track record at handling coverage requests?


LTC Tree answers:

In the past ten years Prudential and and Metlife are the two big long term care insurance quotes companies that got out but Transamerica along with a few others got back in.  There are still a ten or so blue-chip companies offering long term care insurance quotes so I’d said consolidation might of happened.

The older companies that pioneered the LTC industry simply took higher risk people when they should not have done so in the 70’s, 80’s and 90’s.  Their actuaries were starting from zero and just had to see how it played out when pricing this stuff before they had much if any claims data to go on.  Hence the rate increase adjustment to old customers long term care insurance quotes.

Fast forward to today and the long term care insurance quote companies have gotten so much tighter with underwriting such as not taking diabetics, stricter height/weight rations, charging women more because they file 70% of claims, etc.  They also had no idea that the Fed would be manipulating interest rates for so long.  They thought they would be able to take premiums and buy 5% 10 year T-Bills but now they are paying just 1.7%.  They have corrected for a lot and the policies they are selling now will be much more stable than the past policies, plus they are charging way more than they use to.

Our opinion is Mass Mutual has an advantage in that they are a mutual company and they tend to be more stable and conservative, they have the highest ratings and lastly, they started selling in the year 2000 after a lot of the actuarial assumptions were beginning to be learned.  Simply put, they don’t have near the amount of toxic policies on their books because they were not selling it back when things first stated in 1974.   They also have never had a rate increase too.   This stability could lead to their long term care insurance quotes being much more stable over time.  This company found here is another broker type company that you might want to look at if you find yourself wanting to shop for a policy.




Steps To Build A Career In Music

Building a career in the music industry is a challenging job. The task even gets harder if you’d have to do things all by yourself from producing, marketing, to selling. However, making your way to the music industry limelight with no manager or agent to bug you is one of the perks of independent music. If you’ll make it successfully in the market you and your team will own all the income without having to deal with the drama of having a middleman.

Starting is one thing and growing it is another. By taking little but sure steps at a time, you’re on your way to your dream career.Most musicians are lost in the concept of producing and marketing their masterpiece. They sometimes think that all they need is good music to make it. Although this is true for some, if you’re determined enough to get your name out there and let your music be heard, then it’s about time to change your thinking.

Here are the few good things to get you start with:

First and foremost, you need to master your craft – it’s not enough that you get along with the music but you must own it entirely. Continually strive to improve your skill. Live your music. By doing this, your music will speak to its audience and be an experience in itself.

Create a label for your music. Way back before the digital era, musicians used to ride with the big record labels just to get their music into the circus that is the music industry. This means though that you have to get noticed – which is actually the most difficult part during that time. Today, thanks to the digital generation you could now give your music a good exposure. Put out your music under your label.

Let your music be heard. Maximize the power of social networking sites (for musicians and diverse community) by creating accounts and uploading your mp3 tracks. This is a good way to build up the image of your work and enforcing brand awareness for your label. It’s your choice if you want to upload the full song or just a part of it. Just beware of some people who try and steal someone’s work and credit it as their own. Learn about audio watermarking to identify your copyright of ownership.

Widen the scope of your skills and knowledge. Do not confine yourself to the production of music alone. If you want to create a career you also need to learn business side of the industry. Read books about marketing, particularly marketing in the entertainment industry. Also, learn about the royalty fees and copyright laws to protect your interests.

Be specific as to who your target market is because this will identify your genre. Or if you’ve decided first about your genre, take time to study about your potential market. There are music genres that appeal to people of different ages or generations. Maybe there’s something that you could do to your style of music to make it more appealing to a wider market.

Be active with your promotion. Building a career in music needs a lot of effort and investment from the creation of music to its delivery in the market. Maintain your site or your account and make sure that you update it regularly. Once you build a good fanbase (who are music enthusiasts as you are) maintain their interests and keep giving them music they want to hear. Build connection not only with musicians but with other professionals as well like event organizers, film makers, concert producers, and the like. In one way or another, these kinds of people can give your music a chance to showcase its potential.