Sean,
I'm pleased to share three top LTC insurance quotes, carefully chosen based on your age, state, preferences, and current rates.
Why people choose LTC insurance:
❤️ Your family shouldn’t have to become full-time caregivers
💰 Your savings deserve protection from care costs
🧠 Stay in control — at home or the best facility
Your three quotes
Graph of benefits
This graph shows how your benefits would compare to expected LTC costs in your state if you needed care at age 80. Click any policy name or line for more detail.
My notes
Since you're in your early 30s applying, your rates are lower than almost anyone we see. Kudos for investigating this now. Since you weren’t sure about your preferences, I selected a mix of policies to help you compare. Nationwide offers a 4-year benefit period with a refund. Thrivent also provides a 4-year benefit period but without a refund. For reference, the average long-term care need for men is about 3 years, though it can extend beyond 8 years with memory care. I also included Mutual of Omaha with 6 years of benefits without a refund. Each policy includes multiple payment options. If one of these stands out, I can show you similar alternatives.
Benefit growth options
Since you’re in your early 30s, 5% benefit growth—rather than the typical 3% used in these policies—can sometimes offer higher monthly benefits by your 80s, when care is most often needed. As a next step, we can review a side-by-side graph to compare both options.
LTC costs in Michigan
For two of your policies, your benefits are below projected LTC costs—but that doesn’t mean you’ll pay the difference out of pocket. Assisted living often includes housing and meals, replacing everyday expenses. Other income, like Social Security, or assets can help bridge the gap.
In summary, if I were in your shoes, I’d request an updated Thrivent quote with lower premiums and 5% compound growth. If paying over 10 years fits your budget, it can offer significant long-term savings.
Next steps
After reviewing these quotes, many ask to see revised quotes. Would you like to see changes to your payments, benefits, or something else?
Want to talk about your options? Zero sales pressure. Pick a time on your schedule.
Still learning?
We offer unboring, educational resources on YouTube.
Or read our blog or listen on Spotify, Apple Podcasts, and YouTube Music.
Thanks,
Jesse