This is not a simple “yes or no” question given several factors that could come into play including:

  • Has my medical status changed since I first purchased my LTCi policy?
  • Have my or my family’s needs changed since I first purchased my policy?
  • Are you concerned about your current carrier’s financial viability and/or their commitment to the long term care marketplace?
  • Given the increasing cost of extended care services, does my policy include the correct level of benefits and most up-to-date plan provisions (such as inflation protection)?

For help evaluating your options, please speak with our LTC Specialists to review your policy and options. Under no circumstances should you cancel your current CNA policy before being formally approved for a new policy.