I've had my John Hancock LTC policy since 2001. First increase was in 2009 at 18%. Just received my increase the other day of 57.65% with the same option of decreasing my yearly inflation of 5% to 3.2% with no increase in premium. I guess I will opt for that but what's to stop them from increasing me again next year, resulting in my throwing away another year's premium. I am afraid at some point, I may have to cancel. Would hate to do that since I've had it so long.
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The Villages (Polo Ridge; Piedmont), Toms River, Brick, Spring Lake Heights, NJ and Bronx, NY
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