Long Term Care Decisions

HomePostsTag:Long Term Care Decisions
  • LTC coverage

LTC coverage when you actually need it

By |June 20, 2017|Categories: Uncategorized|Tags: |

The biggest concerns for people when considering whether or not to purchase LTC insurance are will they be able to afford it and will it provide enough coverage. But, due to the failure of two long-term care insurers, a whole new concern has been brought into the picture. Will the insurer still be in business when it comes time for you to make a claim?

Penn Treaty Network America Insurance, and its subsidiary, American Network Insurance were placed in liquidation in March. This Allentown, PA., based long-term care insurer leaves 76,000 policyholders uncertain if they will get the benefits they paid for. The two companies now[…]

Comments Off on LTC coverage when you actually need it