Munich American Reassurance Company

LifePlans Inc. Expands into Canada

WALTHAM, MA, March 10, 2000—LifePlans, Inc., is pleased to announce the establishment of a sister company, LifePlans LTC Services, Inc. This company was created to serve the risk and capital management needs of insurers entering the emerging long term care insurance market in Canada.

For long term care insurers in the United States, LifePlans is the leading provider of field risk management services through its proprietary national network of over 7,000 nurses and social workers. LifePlans also is the leader in home office support products including outsourcing of underwriting, benefit, and product design/compliance activities. Today, LifePlans serves approximately 70 direct writers comprising the vast majority of the insurance companies in the United States individual and group long term care insurance markets.

Denise Liston, President of the new venture, is “extremely excited by this opportunity to provide products and services customized to the unique needs of long term care insurers wishing to operate in all of the provinces of Canada.” She went on to say: “While the Canadian market is in its infancy, the results of new product sales have exceeded everyone’s expectations.” Denise expects the market to develop quickly.

As a wholly owned subsidiary of Munich American Reassurance Company, LifePlans is a member of the Munich Re Group.

Denise is the contact for further information about LifePlans LTC Services. You may contact her at 800-525-7279, ext 222 or dliston@lifeplansinc.com E-mail.

LifePlans, Inc.

[Site Map]