David and Heather,
Good news. Your revised long-term care (LTC) insurance quotes are ready.
🔁 Revised quotes
I've provided three quotes with ... Each one includes 3% annual growth to help your benefits keep pace with rising LTC costs.
🧐 My notes
All three options are strong and each includes a refund to your spouse, kids, or heirs that exceeds the total premiums paid if you never need care.
All three policies include lifetime premiums, meaning you pay each year for life—but payments stop once you begin receiving care. While insurers technically can raise rates in the future, it’s unlikely. These policies are conservatively priced, and carriers have decades of data to help them set stable premiums.
Option A:
Option B:
Option C:
Assisted-living in Colorado is projected to cost $149,000/year 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 to adjust your annual benefits, you can adjust your premium—your benefits will change proportionally (e.g., by 25%).
👉🏻 Next steps
If any of these policies look appealing, please schedule time on my calendar so we can review the options together and address any questions you may have.
I recommend completing this longer health pre-screen form (15 minutes). I’ll share your answers anonymously with insurers to get informal feedback before any formal application. This helps us identify which policy is the best fit and avoids the risk of a formal decline.
Once I receive the feedback, we can schedule a call to review your best options together. 👍🏻
📺 Still learning?
Watch our "unboring" video on qualifying for LTC insurance or visit our website. That's me in the video.
Thanks,
Jesse
Jesse Vickey at Long Term What?
Schedule a call or 720-263-2188