• spot-sm-woman-header

    When should I start

    planning for the future?




In the past, long term care insurance companies used unisex pricing, meaning males and females paid the same price for long term care coverage. Due to recent and projected claims data, carriers have moved to gender-based pricing.

Long term care insurance carriers are not the first to base insurance pricing on gender. Life, health, auto, and disability insurance pricing has followed gender pricing for years.


No Inflation – Age 55 Standard Health Rating1

Carrier Male Female Percent Difference
Carrier A $55/month $83/month 51%
Carrier B $66/month $101/month 53%
Carrier C $75/month $114/month 52%
Carrier D $83/month $100/month 21%

3% Compound Inflation – Age 55 Standard Health Rating1

Carrier Male Female Percent Difference
Carrier A $108/month $175/month 62%
Carrier B $109/month $167/month 53%
Carrier C $131/month $200/month 53%
Carrier D $116/month $179/month 54%

All long term care insurance products are guaranteed* renewable meaning even if a carrier stops servicing a product, they guarantee to pay claims as long as the policy holder’s premiums are current.

There are still a few states that have not approved gender-based pricing in some insurance products, so it is more important than ever for women to get a jump-start on long term care planning.  Speak with a knowledgeable long term care specialist who can shop the market for you in your state.

Daughter, Mother And Grandmother At Home


It’s no secret that women live longer than men; outliving them by an average of five years. 2 Unfortunately, women must worry about not only caring for themselves, but also the possibility of caring for loved ones as they age.

Caring for a loved one can be filled with emotional and financial stress.  In a study of working caregivers, 49% arrive to their place of work late/leave early/take time off, 15% take a leave of absence, 14% reduce their hours/take a demotion, 7% receive a warning about performance/attendance, 5% turn down a promotion, 4% choose early retirement, 3% lose job benefits, and 6% give up working entirely.3  

Many say they did not realize the toll care-giving would take on their lives and health, not to mention their own needs and dreams.


Long term care insurance covers a variety of care situations. While family members are typically excluded from financial reimbursement for care-giving services, under many long term care insurance policies, they may be eligible as “paid providers.”

By selecting a comprehensive LTC policy, family-member caregivers can be paid for assisting with your care. Or, you may be able to hire homemaking services to help with cooking, cleaning, and other household chores as part of the reimbursement.

Don’t delay. Request a no-cost, no-obligation quote and speak with an LTC Insurance Specialist about your options today.

*All product guarantees are backed by the strength and claims-paying ability of the issuing insurer.

1 LTCI policies with 3 year benefit duration, $3,000 monthly benefit, 90 day elimination period and 100% home health care using the state of Michigan’s rates.  Not a guarantee, rates are for example purposes only.  2 Centers for Disease Control and Prevention (2012). 3 National Alliance for Caregiving and AARP. (2015). Caregiving in the U.S.