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John Hancock Long Term Care (LTC) Insurance Posts 61% Increase in Sales in Q2 2007 over Q2 2006.
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PR Newswire
- Article date:
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August 20, 2007
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Copyright informationCOPYRIGHT 2007 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Group LTC insurance sales hit record high, solidifying its leadership position
Retail LTC insurance records 31% market share growth
BOSTON, Aug. 20 /PRNewswire/ -- John Hancock Long Term Care Insurance announced sales of $58.2 million for Q2 '07, representing a 61 percent increase compared to the same quarter last year. Group LTC insurance posted its best sales quarter ever, bolstered by the enrollment of several large clients and increased activity in the emerging small to mid-sized employer market. Retail LTC insurance sales increased 17 percent over Q2 '06 and 34 percent on a year-to-date basis.
With 36 new clients and $23.9 million in new sales during Q2 ...
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