The president of Homewatch Caregivers recently interviewed Jesse Slome and me about “Ways to Assess Long-Term Care Insurance Companies”. The article has some great tips.
One of the most important things to consider when choosing a long-term care insurance company is the financial ratings.
Secondly, you don’t want to overpay for LTC insurance. There are some LTCi policies that can cost as much as 75% MORE than other policies with similar benefits.
You want to shop around and “get the best deal” on long-term care insurance. But, you don’t want to sacrifice financial ratings.
I try to help each of my clients find the happy median: a strong insurance company that offers quality coverage at a reasonable price.
Don’t take my word for it (or any insurance agent’s word for it) that an insurance company is financially strong. Check out the financial ratings for yourself. Each comparison that I do for each client includes links to each company’s financial ratings.
To receive your personalized comparison for LTC insurance policies, go to my secure webpage and answer a few important policy design and health questions.
