Shopping For Long-Term-Care Insurance? Another Thing Hurt By Low Rates

This Wall Street Journal article on long-term-care insurance shows another way low interest rates is punishing savers:

Prudential Vice President Malcolm Cheung says the company decided to stop selling long-term-care coverage to individuals because of the uncertainty surrounding future claims and persistently low interest rates.

People shopping for long-term-care insurance are finding fewer choices, higher costs and a tougher approval process. The article provides some useful tips for those who are looking.