When to Purchase Long Term Care Insurance
Don’t put this off
Don’t put this offLong term care insurance is great option for countless individuals. With over 250,000 policies sold annually, over 58% of people will need some type of Long Term Care in their lifetime. There are a few things to consider when applying for long term care insurance the first being your current state of health. A common misconception made by many is that they have plenty of time to obtain long-term care insurance down the road and they should wait until they “actually need it”. This is not advisable and the[…]
Purchasing Long-Term Care Insurance
You Will Need Long-Term Care
When it comes to long term care insurance, some may opt to believe that they do not have a need or want for this type of insurance. The idea of never needing long-term care is a desirable one however, given that over 40 percent of those who turn 65 or older will require a nursing home, this is not always likely. You should also note that most nursing home residents stay for up to five years and in in places like New York City, those costs can easily equate to $100,000 annually.
Reviews of each company’s financial stability ratings, claims experience, and size.
A side-by-side comparison of each company’s policy features. We cover the similarities and the differences.
Price comparisons customized to suit your specific needs from top carriers such as Nationwide, Thrivent, New York Life, National Guardian Life, Mutual of Omaha, and more.