David,
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 Idaho if you needed care at age 80, but benefits can start at any time. For more detail, click a policy name, like Base, or any line.
LTC costs in Idaho
Assisted-living in Idaho is projected to cost $153,000/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
Based on your feedback of No to longer coverage for memory-care and No to a refund, I’ve shown the following options.
- Base: A simple, no-refund option. Every dollar you pay goes toward care, so your yearly benefit check is large.
- Plus: A similar policy without the refund, shown for easy comparison.
- Cadillac: You didn’t ask for this, but it’s here for comparison. It includes a refund to your heirs if care is never needed with longer-lasting benefits—built for extended care like Alzheimer’s.
Based on your preferences, the Plus option (yellow line) looks like your best fit. Since its annual benefits exceed your expected LTC costs in Idaho, there’s room to reduce the premium a bit if you'd like.
👉🏻 Next steps
Just reply to my email with which label feels closest: Base, Plus, or Cadillac 😊 with any optional comments. I’ll then fine-tune your quotes with more specifics to match your budget, with zero commitment.
📺 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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