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Penn Treaty American Corporation (Penn Treaty) is a provider of long-term care insurance in the United States. The Company’s principal products are individual, defined benefit accident and health insurance policies covering long-term care services, including confinement to nursing facilities and assisted living facilities, as well as home health care. During the year ended December 31, 2007, long-term care policies accounted for approximately 97% of the Company’s total annualized issued premium. It also sells Medicare supplement policies. The Company also owns insurance agencies that sell senior-market insurance products issued by it, as well as other insurers. As of December 31, 2007, its total long-term care in-force premiums were approximately $295 million. In November 2008, the Company sold its 100% interest in its subsidiary, United Insurance Group Agency, Inc. of Milford, Michigan (UIG) to LTC Global, Inc.