Prudential Insurance Company of America recently introduced a new long-term care insurance product called Prudential LTC Evolution. This new product is designed to simplify the process of choosing coverage options for consumers.
Consumers are only required to select a lifetime coverage maximum amount ranging from $100,000 to $1,000,000. All other benefit amounts are pre-set in the policy. The policy is currently offered in a limited number of states.
Prudential Insurance Company of America is a subsidiary of Prudential Financial, Inc., as is Pruco Life Insurance Company.