Long-Term Care Insurance and Osteoporosis

There are four main types of long-term care coverage: traditional long-term care insurance, long-term care partnership programs, life insurance with long-term care riders, and annuities with long-term care riders. The best type of policy for people with osteoporosis is usually a traditional long-term care policy or a long-term care partnership program. However, everyone’s situation is unique. Click here to try our proprietary “Policy Finder” tool (no phone required). It will give you an instant ranking of the four types of policies based upon your answers to a few short questions.

Every long-term care insurance company is different. Some long-term care insurers may charge applicants 10% more for osteoporosis. Other insurers may charge applicants 20% to 50% more for osteoporosis. That’s why it’s important to work with an long-term care insurance professional who can help you shop around and compare several different policies. 

Yes, you can qualify for long-term care insurance if you have a family history of osteoporosis. Most long-term care insurance companies are not concerned when there’s a family history of osteoporosis.

We always advise our clients to apply for long-term care insurance before they get genetic testing. If you have a genetic test that shows you could develop osteoporosis, you will probably still be able to qualify for long-term care insurance. To make sure, click here to schedule a 15-minute conversation with one of our long-term care insurance specialists (no obligation). 

Some long-term care insurers do not require a physical if you have osteoporosis. Most long-term care insurance companies will review your medical records in order to determine if they can insure you. Ask your long-term care insurance specialist what underwriting criteria each company will use before deciding which long-term care insurance policy is best for you.

Long-term care insurance specialists have less than 20% of their applicants declined. Insurance “generalists” have about 50% of their long-term care insurance applications declined. With over 25 years of experience, we can pinpoint exactly which company (and which type of policy) you’ll be able to qualify for. We have about an 80% success rate in helping our clients get approved even if they were previously declined. For our clients with osteoporosis we’ve had over a 75% approval rate. 

When were you first diagnosed with osteoporosis?

What prescriptions and/or supplements do you take for osteoporosis?

What are your t-scores: spine, hip, and thigh?

Have you had any bone fractures? If so, what was fractured and when did it occur?