Long Term Care Insurance Is a Long-Term Commitment

While the long term care (LTC) insurance market offers profitable new opportunities, it also presents a unique set of challenges. With product innovation, medical advances, and an aging population, finding quality data and information to price and manage various LTC components is difficult, even for established writers. Both new and existing writers of LTC insurance products face a number of risks including pricing, underwriting, and benefit adjudication, as well as a changing regulatory and social climate. Adding LTC to enhance your company’s product portfolio also involves significant capital investment for initial development costs as well as stringent statutory reserving and capital requirements.

Customized Solutions to Fit Your Needs

Munich American Reassurance Company (MARC) is a risk partner with valuable expertise and financial strength. MARC recognizes that no two companies are the same and we expect to develop unique reinsurance solutions to suit evolving market needs. MARC’s commitment to the industry is provided by a dedicated staff whose only job is to focus on LTC reinsurance. We are affiliated with one of the strongest and best-regarded research and service companies in the LTC industry, LifePlans, Inc.

Flexibility

It makes sense to choose MARC as your reinsurance partner in the LTC marketplace. By combining our knowledge base, financial strength and flexibility, MARC can provide a customized range of solutions to fit your LTC needs while permitting you to retain your independence in making overall decisions concerning your products.

Resources

MARC is equipped to meet the LTC challenges by providing outstanding service through an experienced staff of reinsurance professionals—underwriters, actuaries, medical and administrative personnel. MARC has developed an on-line LTC underwriting manual that provides a comprehensive assessment of clinical and medical conditions common to an aging population. MARC’s LTC underwriting staff is available to provide facultative review of difficult LTC applications. MARC can assist companies who offer LTC in countries outside the USA, and we sponsor an LTC customer seminar to provide the latest trends and information in the LTC industry.

Commitment

Working with MARC gives your company additional actuaries and underwriters who will look at your business and provide valuable insights and suggestions on how it can be managed more profitably. MARC is committed to the LTC industry and we back this commitment with expert staff, superior financial strength, the highest financial ratings attainable, and the financial backing of our parent company that is one of the largest reinsurance companies in the world.