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Q: Insurance Company issueing first long term care policy ( Answered 5 out of 5 stars,   0 Comments )
Question  
Subject: Insurance Company issueing first long term care policy
Category: Miscellaneous
Asked by: martinthetexan-ga
List Price: $10.00
Posted: 06 Mar 2006 03:30 PST
Expires: 05 Apr 2006 04:30 PDT
Question ID: 704145
Which insurance company issued the first long term care policy?
Answer  
Subject: Re: Insurance Company issueing first long term care policy
Answered By: rainbow-ga on 06 Mar 2006 04:02 PST
Rated:5 out of 5 stars
 
Hi martinthetexan,

CNA was the first insurance company to provide long term care insurance.

"In 1965, CNA pioneered insurance to cover nursing home costs and was
the first insurance company to write long-term care policies. Today,
CNA LTC offers a full range of comprehensive long-term care insurance,
including policies to cover home care, alternative care, hospice care,
medical equipment in the home, and emerging technologies for long-term
care and treatment. CNA is a registered service mark, trade name and
domain name of CNA Financial Corporation."

EBIX
http://www.ebix.com/aspx/ebix_news_b.html

=============================

"CNA Financial Corp. (NYSE: CNA), headquartered in Chicago, was the
first company to sell long-term care products. In 1965, the company
introduced a product that was intended to expand on the nursing home
care coverage of medicare supplement policies..."

American City Business Journals
http://www.bizjournals.com/nashville/stories/1999/04/12/focus2.html

=============================

1965 CNA becomes the first insurance company to offer long-term-care
insurance protection.

CNA: Our Life History 
http://www.cnainternationallife.com.ky/html/about/history/int_about_history_main.htm



Search criteria:
"insurance company" issued "first long term care" policy
CNA "insurance company" issued "first long term care" policy
CNA "insurance company" 1965 first "long term care" policy


I hope this is helpful. If you have any questions regarding my answer
please don't hesitate to ask before rating.

Best regards,
Rainbow
martinthetexan-ga rated this answer:5 out of 5 stars
Thanks, Rainbow.  Super work done super quickly.  A real time saver
for me that will make me look really good in front of my audience.  I
appreciate your work.

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