Revised LTCi Quotes for Stephen F and Lisa C

Stephen and Lisa,

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

🔁 Revised quotes

I've provided quotes from two joint policies, each with 3% annual benefit growth to help your benefits keep pace with rising LTC costs.

📆 Payment schedule options

Nationwide offers several payment options. You can elect to pay the Annualized Scheduled Premium on a monthly basis, which works out to roughly one-twelfth of the annual amount. You’ll also see that the Total Premium decreases when premiums are paid over a shorter timeframe.

Pay once: $85,094 ... or:

NGL offers the following payment options:

Pay once: $91,035
Pay over 10 years: $1,011/month
Pay for your lifetime: $404/month

💡

Should you shop around? You can—but your quotes will be the same everywhere. Long-term care insurance prices are set by the insurance companies, not by brokers. We offer all the top policies and help you find the best fit. Want to adjust your coverage? We can raise or lower the premium—your benefits will scale accordingly.

🧐 My notes

I selected these two joint designs to maximize your combined benefits and highlight how adding a refund feature changes the pricing.

Option A (NGL EssentialLTC) provides each of you with three years of benefits and includes an additional shared pool of three years that either of you can access if one person exhausts their own benefits. Premiums may increase in the future, although unlikely. Read the review.
Option B (Nationwide CareMatters Together) offers a shared pool of six years of benefits. Premiums are guaranteed not to increase, and if neither of you ever needs care, your heirs receive $108,000 payout after both of you have passed. Read the review.

Assisted-living in Massachusetts is projected to cost $212,000/year (one of the most expensive states for LTC) by age 80 (assuming 4% annual growth). Your options provide lower annual benefits than this projection, but you can bridge the gap using personal savings and Social Security. The goal for most people is meaningful coverage, not paying every dollar.

If you'd like higher annual benefits, you can increase your premium—your benefits will rise proportionally (e.g., by 25%).

📍

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

👉🏻 Next steps

Once you've reviewed your options, just reply to my email with your thoughts and questions.

📞

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.

📺 Still learning?

Watch our "unboring" video on qualifying for LTC insurance. 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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