Both of my parents purchased LTC policies from Genworth. Unfortunately, my father passed (age 92) and never drew a nickel (100% profit for GNW).
My mother is in St George's Retirement in Roswell but keeps her home at Sea Island. We utilize helpers in both locations.
Of course, there is a ceiling on GNW exposure (i.e. what we can draw to assist her over her life time) so it is the "model" which had flaws. The ceiling (maximum exposure for Genworth) always existed.
Of course, there is no chance of a policy holder not receiving benefits (only of the carrier ceasing the sale of new policies) and the other poster (obviously, bearish despite alleging that he holds shares - simply lied).
Only an idiot would stop paying premiums on a vested policy. The poster (sellhighbuylow_27) has no understanding whatsoever, of the insurance industry, much less being an agent authorized to sell policies….