Nonforfeiture benefits and long-term care rate increases: What is the financial impact on insurers that offer nonforfeiture?

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By Missy Gordon, Courtney Williamson | 01 December 2016

It is important for insurers to understand the potential financial impact of offering nonforfeiture (NF) benefits to more policyholders versus where only required by regulation. This article focuses on the effects of NF when elected at the time of an increase regardless of whether the NF option was purchased or is contingent.

This article was originally published in the December 2016 issue of Long-Term Care News.