Plans and participating
insurers change from year to year, and a better option may have opened up.
Not exact matches
Net income for the quarter fell
to $ 701.0 million
from $ 885.2 million in the same quarter a
year ago as the
insurer adjusted
to coverage
changes brought on my the health care overhaul.
Instead, at least 1 million individual policy holders have received letters
from their
insurers in recent months informing them that their plans are being discontinued at the end of the
year or
changed to cost more.
Jack Dolan, spokesman for the American Council of Life
Insurers, says companies will often
change their criteria
from year to year to be competitive.
The maximum age at the time of maturity for these policies can be 75
years but this could
change from one
insurer to the next