Benefit Period: 26% chose lifetime (33% in 2004)
Average issue age: 58.6 (61.3 in 2004, 59 in 2003; 63 in 2002)
Elimination period: 69% chose 90-100 day elimination periods (66% in 2004)
Limited-pay policies: 3.4% of policies sold were limited-pay (10-pay, to age 65, for ex.), 7% of policies in 2004.
Average annual premium: $1,985 ($1,929 in 2004; $1,771 in 2003)
Number of new policies: 308,000
Source for statistics: BrokerWorld Magazine Annual LTCI Surveys (most recent July 2006)
Figures are for 2005 - the most recent available.
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