I have not heard of this scenario (increase of premiums). I purchased my long-term care insurance in 2013 and have never had a price increase. I believe I was told this was a fixed premium, and I know I was told that if I did not end up using the policy, that the full amount of premiums paid (not dividends they earned, though), would be refunded to my estate to be used in whatever way I designated in my will. This is written into the policy. I check in with my agent from time to time (every two or three years) just to stay in touch.
Anyone else have premium increases or diminishment of services insured for? My policy does have the same stipulation that if I drop it, I forfeit all premiums I have paid, but I am in no way thinking of doing that.
Thanks, all!