John,
Good news. Your long-term care (LTC) insurance quotes are ready.
Why people choose LTC insurance:
- Your family may not be able to become caregivers
- Stay in control — at home or your preferred facility
- Your savings deserve protection from care costs
🔧 How LTC insurance works
It's a little different from your home or auto insurance.
- Pick your price for how much coverage you want.
- Coverage stays in place forever, even after you’re paid up.
- When you need benefits, coverage has monthly and total maximums.
- Benefits grow to keep up with future care costs.
👀 First-look quotes
To start, I’ve provided quotes from three different policies with increasing costs.
📈 Graph of benefits
This graph shows how your projected benefits and LTC costs in Iowa if you needed care at age 80, but benefits can start at any time. Click any policy name or line for more detail.
LTC costs in Iowa
Assisted-living in Iowa is projected to cost $187,000/year by age 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.
🧐 My notes
Since you didn’t mention any specific policy preferences (which is very common), I provided a few different options.
- Base: A simple, no-refund option. Every dollar you pay goes toward care, so your yearly benefit check is large.
- Plus: Includes a refund for your family if you never end up needing care. The benefits are a little smaller than Base, but the price is still moderate.
- Cadillac: Gives you the refund and stretches your benefits to last longer. In your specific quotes, this option is very attractive (high benefits).
👉🏻 Next steps
Just reply to my email or text with which label feels closest: Base, Plus, or Cadillac 😊 with any optional comments. I’ll fine-tune your quotes for your budget with specific details and related options.
📺 Still learning?
Watch our 6-minute "unboring" video on the three biggest reasons to get 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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