Work With a Trusted Specialist
A Long-Term Care Specialist is an insurance agent who has substantial experience in Long-Term Care Insurance, underwriting, policy design, and claims experience. Specialists represent all or most of the leading insurance companies that offer long-term care insurance.
What is a Trusted Specialist?
- Has substantial experience in Long-Term Care Insurance
- A strong understanding of underwriting, policy design, and claims experience
- Represents all or most of all the leading insurance companies
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All Questions
Frequently Asked Questions
Real questions answered. We have compiled a list of the top questions that people have about long-term care.
While policies typically share core benefits, they are not all the same. Most insurance agents and financial advisors know very little about designing a policy because the industry and the product features evolve rapidly.
Generally, no. Tax-qualified Long-Term Care Insurance benefits come to you tax-free. Insurance companies that pay long-term care insurance benefits are required by the Internal Revenue Service (IRS) to provide claimants with a 1099 LTC.
No, most of the time long-term care insurance is very affordable. However, it can be more expensive if you are older or have major health issues.
he clear majority of plans have no pre-existing language in the policy. They will either approve your application or not. However, a few companies may include a six-month pre-existing clause.
A better approach to planning for long-term care is working with an industry specialist. Many consumers turn to their financial advisor about long-term care planning but may not be getting the best advice.
There are many parts to a long-term care insurance policy. Let’s review the items a majority of long-term care insurance plans include.