Tag Archives: mortaility

Is Insurance Underwriting an Art or a Science?

By Nicole GurleyDecember 8, 2023Uncategorizedinsurance, long term care, morbidity, mortaility

Art or science? A bit of both. And as medical protocols, outcomes and technology evolve, it changes. Mortality or Morbidity Today, underwriting mortality, a calculation of when you will die, for life insurance can be very precise. It has been around for centuries. The first known policies date back to 1583 in England. And life

Is It Morbid? No, It’s Mortal.

By Nicole GurleyApril 19, 2021Uncategorizedincreases, insurance, long term care, mobidity, mortaility, premium

My dad is 100 years old. He has two long-term care insurance policies. Yes. We’ve dealt with rate increases on both. We’ve reduced coverage from lifetime to four years. And are about to reduce coverage again due to another rate increase and his life expectancy. He’s well beyond his life expectancy and still going strong!