LTCi Quotes for David and Margaret M

David and Margaret,

Good news. Your long-term care (LTC) insurance quotes are ready.

👀 First-look quotes

Here are quotes for three policies with increasing monthly costs. Each includes 3% annual benefit growth to keep pace with rising LTC costs. Coverage starts immediately and lasts for your lifetime. More than half of us will need care and if that time comes, your benefits will last for a set number of years. All policies cover home care, assisted living, memory care, nursing care, and more.

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These premiums are an initial draft that can be adjusted higher or lower as needed. Many policies let you spread payments over your lifetime for lower monthly costs, or pay in a shorter period (e.g., once or over 5 years) for lower total cost. We can review these options later. 👍🏻

🧐 My notes

Think of these quotes as a starting point we can adjust and refine together.

Since you didn’t indicate a preference for memory care coverage or a refund feature, I’ve shown a balanced set of options.

Base: A simple, no-refund option with annual payments until care is needed. It’s your most budget-friendly policy.
Plus: Offers a longer benefit length, includes a refund of your premiums to your family if you never need care, and is paid off over 10 years.
Cadillac: I consider this the gold-standard in coverage because it offers lifetime benefits plus a refund, ensuring protection even for extended needs like Alzheimer’s.

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Got questions or just starting out? Let's talk. I'm Jesse (you’ll see me in the video below). No pressure, no commitment. Just happy to help. Grab a 15-min call.

📈 Graph of benefits

This graph shows your projected benefits when you turn 80, though your benefits can begin whenever care is needed. On average, men need care for 2.2 years and women for 3.7 years, but Alzheimer’s and other memory care can extend beyond 8 years. For more detail, click any line.

Long-term care costs
Assisted-living in Maryland is projected to cost $201,000/year when you turn 80 (assuming 4% annual growth). But your policy doesn't have to cover everything. Assisted-living already includes housing and meals, and any steady income, like Social Security, can bridge the gap that your policy doesn't cover. The goal for most people is meaningful coverage, not paying every dollar.

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Cost tool → Compare current and projected costs for home care, assisted living, and more in Maryland and elsewhere.

⬆️ ⬇️ If you’d like higher or lower benefits, we can adjust your premium, benefit length, or payment schedule. Just let me know your goals.

👉🏻 Next steps

Once you've reviewed your options, just reply to my email with the one that feels closest—"Base", "Plus", or "Cadillac"—and any comments you'd like to add. I’ll then fine-tune your quotes with more specifics to match your budget, with zero commitment.

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Ask about tax perks if you own a business, annuity, or life insurance.

📺 Still learning?

Watch this short "unboring" video on the three biggest reasons to get LTC insurance from our popular blog. That's me in the video.

Thanks,
Jesse

Jesse Vickey at Long Term What?
Schedule a call or 720-263-2188
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