LifeSecure Insurance Company Tops LTC Insurance Industry for 2014 Worksite Sales
LifeSecure continues tremendous growth in worksite, individual markets
BRIGHTON, Mich., March 11, 2015 /PRNewswire/ -- When it comes to worksite long-term care insurance (LTCI), LifeSecure Insurance Company is leading the way. In 2014, LifeSecure ranked No. 1 in overall worksite LTCI sales, according to a newly released report[1].
"LifeSecure's dedication to unique and innovative LTCI solutions is helping us thrive in an otherwise challenging environment," said Tiffany Albert, LifeSecure president and CEO. "Our growth highlights the significant potential for a stronger LTCI market, despite the fact it has been a tumultuous few years for our industry as a whole. LifeSecure remains committed to realizing that potential and providing a successful future for LTCI."
In terms of growth in 2014, LifeSecure Insurance[2]:
- Was the fastest-growing worksite LTCI carrier (based on annualized new premium and new policy counts)
- Remained one of the fastest-growing overall individual LTCI carriers (based on annualized new premium and new policy counts)
LifeSecure's individual LTC II and OMII (One-for-Many LTC) for the worksite feature a straightforward product design and fewer decision points, which help families make informed decisions. OMII, which is available to employers with as few as three employees, offers competitive solutions to different sized employer groups and features simplified-issue underwriting.
About LifeSecure Insurance Company
Based in Brighton, Mich., LifeSecure Insurance Company is dedicated to its mission of delivering an exceptional insurance experience. The company offers long term care and other supplemental health insurance products. LifeSecure is licensed in 46 states and the District of Columbia. Additional information is available at www.YourLifeSecure.com.
[1] Individual Long-Term Care Insurance 2014 Sales and In Force Survey, LIMRA.
[2] Ibid.
Contact: Chris Spittal
810.220.4608
[email protected]
SOURCE LifeSecure Insurance Company
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