Things to Consider
Financial Strength:How long will your policy last and does it provide long enough coverage?
Adequate Daily Benefits: Some nursing homes charge $130 a day, $200 a day in metropolitan areas. Be sure that your policy has adequate payment per day.
Inflation Protection: Because most policies take years to take effect and aren’t always necessary upon activation, inflation is almost a foregone conclusion. See what type of inflation protection your company offers.
Comprehensive Coverage: Don’t take chances with your health or the health of your loved ones. Comprehensive coverage will cover every conceivable ailment and need.
Claims: Familiarize yourself with the claims process so that payment for care can be given quickly. Also ask what percentage of claims is actually paid.
Stable Premiums: Be aware that insurance companies can increase premiums at any time. They won’t raise the premiums of an individual, but possibly a class of policies.
How can I find out more information?
When you request your free no obligation long term care quote you will receive the Free Insider’s Guide to Long Term Care . Giving you the chance to learn even more about your options and speak with a licensed local insurance professional in your area...Take me There.