LTCi Quotes for Mike

Mike,

Your long-term care insurance quotes are ready.

 

🔎 Your quotes

I've provided quotes with the same initial benefit to make an apples-to-apples comparison.

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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.

 

 

🧐 My notes

These choices use the same starting monthly benefit but take different approaches to coverage.

Option A: This Nationwide hybrid provides three years of coverage, pays benefits in cash, and includes a benefit for heirs if care is not needed.

Option B: This is the same Nationwide policy as Option A, with six years of benefits and a larger pool in exchange for a higher premium.

Option C: This OneAmerica hybrid has lifetime benefits and flexible claim options, including reimbursement and a cash benefit for the first two years.

Option D: This Mutual of Omaha traditional policy offers three years of reimbursement coverage and no benefit for heirs. Its lifetime-pay premium is not guaranteed and can increase.

Option E: This NGL traditional policy has the lowest premiums in the comparison, with three years of reimbursement coverage and no benefit for heirs. Its lifetime-pay premium can increase after five years.

Option F: This is the same NGL policy as Option E, with five years of coverage and a larger benefit pool in exchange for a higher premium. Its lifetime-pay premium can increase after five years.

These policies provide lower annual benefits than the projected cost of care, but you can bridge the gap using personal savings and Social Security. For most people, the goal is to secure meaningful coverage rather than insure every dollar of potential care costs.

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

You can also adjust the benefit amount to fit your budget. For example, reducing the premium by 25% would generally reduce the benefits proportionally.

 

 

👉🏻 Next steps

Reply to my email or text with feedback or schedule time on my calendar to review these options together.

Alternatively, complete this longer health pre-screen form (10 minutes) for more clarity on your options. I’ll share your answers with insurers without your name attached to get informal feedback. This helps identify which policy is the best fit and avoids the risk of a formal decline.

Thanks,
Jesse

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