Landing spots: Offsetting premium increases through changes to inflation protection

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By John Hebig, Mike A. Bergerson | 14 March 2016

Insurers continue to seek creative solutions that support policy viability over the long term while minimizing pain to insureds. One approach taken by insurers with increasing popularity is to offer a “landing spot.” A landing spot is generally a new inflation protection level that partially or perfectly offsets a potential rate increase.

This article originally appeared in the December 2015 issue of Long Term Care News, a newsletter published by the Society of Actuaries.