Frequently Asked Questions

What is long term care?

Long term care refers to the assistance provided to anyone who needs help with the activities of daily living such as bathing, dressing, eating, and getting in and out of bed. This assistance can be provided in a variety of settings, including nursing homes, assisted living facilities, or in the person’s own home.

Can I self-insure for Long Term Care?

Self-insuring means setting aside money to pay for potential long term care costs. However, this may not be the best option for everyone as long-term care costs can easily spiral out of control. There’s also a risk that your money may run out before your care needs are met. You need to have a high net worth to be able to comfortably self-insure.

What is hybrid long term care?

Hybrid long-term care refers to insurance policies that combine LTC insurance with other types of insurance (e.g. life insurance or annuities). These policies offer the benefits of long-term care insurance while also providing other financial benefits.

Why work with us?

Working with LTC Tree allows you to compare multiple long-term care insurance options from top-rated providers without the need to work with multiple insurance agents. This can save you time and help ensure that you get the best coverage at the best price. What’s more, we’re also active around the country and work with Americans from across the board.

How expensive long term care?

According to the U.S. Department of Health and Human Services, the average cost of a semi-private room in a nursing home in 2020 was $7,756 per month, or $93,072 per year. The cost of care in an assisted living facility or for in-home care can also be significant. Long term care insurance can help cover these costs and protect your assets.

Why do I need long-term care insurance?

Long-term care insurance is a great way to cover the costs of long-term care services (which can quickly deplete your savings and draw in your immediately family members). Getting long-term care insurance will go a long way to secure your peace of mind and help protect your assets.

How can LTC Tree help?

LTC Tree makes it easy for you to compare long-term care insurance options from top-rated providers. Simply fill out a form with your information, and we’ll provide you with competitive quotes from multiple carriers. You can then compare these options and choose the one that best fits your needs.

Can I get long term care insurance if I have pre-existing conditions?

 Some LTCTree insurance policies may exclude coverage for pre-existing conditions or may charge higher premiums. Nonetheless, our team at LTC Tree has the knowledge, skills, and experience to help you compare options from multiple carriers and find a policy that fits your needs and budget (even if you have pre-existing conditions).