The state on Montana does not allow for gender-distinct pricing due to state regulation. As a result, we will continue to price all new retail business in Montana on a unisex basis. However, effective August 19th , the couples/partner discount definition in Montana will change to reflect that couples must apply at the same time for the same policy form, be approved for coverage, and accept the individual LTC insurance policies (policy premium must be paid). The couples/partner discount rate of 30% shall remain the same.
Please note: Montana will also be made available on LTC Captivate on August 19, 2013.
Click here for the issue of JH Newslink with this information.