• Will my children be able

    to afford the care I need?

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When You Shouldn’t Buy Long Term Care Insurance

At LTC Consumer, we believe Long Term Care insurance (LTCI) is an important part of long term care planning, but we understand LTCI isn’t for everybody. In fact, we’re not afraid to tell clients when LTCI may not be the best option for them.

If you’re trying to decide if LTCI is right for you, the following are a few great reasons to consider when exploring your options.

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10 Tips for Respecting People with Dementia

When a loved one is diagnosed with dementia, there’s often sadness and confusion around why they aren’t themselves anymore. Many people with dementia become more agitated, short-tempered, and confused by the world around them.

While these behaviors can be difficult to manage, keep in mind the challenges of a debilitating disease your loved one is facing. Learn more about dementia and tips for respecting your loved ones.

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Celebrate This Independence Day with LTCI

Our founding fathers adopted the Declaration of Independence on July 4, 1776. For 241 years, the United States has celebrated freedom and independence.

As a nation, our independence is important to us. As individuals, our independence is equally as important. We want the freedom to go where we want to, make our own decisions, and have more options. As we age, our independence can sometimes be reduced by injury, illness, or financial constraints.

That’s why Long Term Care Insurance (LTCI) was introduced. To offer policyholders more options, freedom, and independence by providing a financial hedge of protection and the ability to choose how they want to receive care.

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Understanding the Cost of Long Term Care Insurance by Age

Long Term Care Insurance rates are based on your age, gender, health, and marital status. With each year that goes by, the cost of obtaining coverage gets higher. That’s why it’s important to consider your options and apply for coverage before your next birthday.

In recent years, carriers can now price coverage based on gender. Women are statistically more likely to use their coverage and for longer periods of time. This makes coverage for women more expensive than men.

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4 Tips for Filing a Long Term Care Insurance Claim

Long Term Care Insurance (LTCI) is a benefit many policyholders may not use for 20-30 years. After buying a policy and tucking it away in a safe place, it may be difficult to remember how the claims process works when you need to use it.

When a policyholder is identified by a physician as being unable to do two out of six activities of daily living (eating, bathing, dressing, transferring, toileting, continence), or is diagnosed with a cognitive impairment, they are generally eligible for LTCI benefits.

If you’re helping a parent or loved one file an LTCI claim, the claims process may be new to you. Use these four tips to help make the claims filing process a little easier.

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Our Top 3 Picks for Long Term Care Insurance Companies

Just like you shop around for the best auto insurance coverage, you should also shop around for Long Term Care insurance (LTCI). Here, we’re helping you by recommending our top three picks for Long Term Care Insurance companies.

Our review comes from decades of experience working in the LTCI market. We’ve watched carriers come and go, release policy series rate increases, innovate with new products, and most importantly, pay claims.

Learn more about these top three LTCI carriers (in alphabetical order) and why they’re leading the market today.

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