Long Term Care Insurance Women
Updated February 19, 2013: The Genworth changes were just announced and can be found here.
Genworth announced in November 2012 they will be moving to a new gender based Long Term Care Insurance women based underwriting platform.
This change means they will be charging women around 40% more for the insurance. Single women are expected to get hit the hardest on this new underwriting and pricing change since they are the biggest claim risk to the insurance companies. This change is anticipated to happen with their new product roll out on April 15th, 2013. Women live[…]
Consumer Reports and Long Term Care Insurance
Consumer Reports, known for their insightful knowledge of seemingly all products and services, focused their attention on the entire Long Term Care Insurance industry and product, from top to bottom, and provided characteristic insight in the form of advice aimed especially at consumers currently shopping for Long Term Care Insurance.
Consumer Reports LTC Advice:
- Look for a strong insurer. In other words, Consumer Reports suggests looking for Long Term Care Insurance companies with an excellent A+or better financial rating provided by the financial stability rating companies such as AM Best, Moodys, Standard & Poors, and Weiss Rating. At LTC Tree, we have found that[…]
Prudential LTC3 Long Term Care Product
To Request a Prudential Long Term Care Quote Click Here»
Prudential Insurance Company of America is an experienced leader in the long-term care industry. In most states, Prudential’s Long-Term Care Insurance plan is LTC3. The plan is backed by Prudential, one of the largest and oldest financial institutions in the U.S.
What is covered?
The Prudential LTC3 plan covers both facility and home health care. It also gives you flexibility with optional riders to add indemnity benefits (gives you full benefit regardless of actual expenses).
Call or email us today for complete actual specifics of LTC3.
Prudential is rated A+ by AM Best[…]
Review of Shared Care
To share Long Term Care Insurance benefits, or not to share the benefits? Your decision will ultimately have to be made by you, but this is a review of the details to help you make an informed decision.
The Shared Care rider adds around 15% to your total plan cost, and gives you the ability to use your spouse’s benefits in the event you use up your benefits and still need care. Nine out of ten Long Term Care claims will last for three years or less. If you are strictly playing the odds, you could probably get[…]
Don’t Wait Until You Can’t Qualify
Sarah had only recently learned of the form of insurance called Long Term Care Insurance. 
So, when she was unsuccessful in securing a policy for her aging mother, Beth, she was devastated. If she had only investigated this form of insurance sooner. But, Sarah, like many Americans, was unaware that this type of insurance existed. Long Term Care Insurance covers the costs of long-term care services such as nursing homes and in-home care that are related to activities that are “non-medical” such[…]
South Carolina Long Term Care Insurance Partnership Program
The state of South Carolina, like many states across the country, has developed aunique and viable solution to tackling the long-term care “crunch” facing its citizens in the coming decades. This “crunch” in long-term care is a national phenomenon that is exacerbated as the population ages. Awareness of the need for Long Term Care Insurance remains low nationwide and thus many are left vulnerable. Long Term Care Insurance is insurance that pays for services such as nursing homes, in-home care and assisted-living care when one is unable to care for themselves.
These services are not covered by regular health[…]
Reviews of each company’s financial stability ratings, claims experience, and size.
A side-by-side comparison of each company’s policy features. We cover the similarities and the differences.
Price comparisons customized to suit your specific needs from top carriers such as Nationwide, Thrivent, New York Life, National Guardian Life, Mutual of Omaha, and more.