LTCi Quotes for Edward

Edward,

Your long-term care insurance quotes are ready.

First, please watch this short video I made for you:

 

 

🔎 Your quotes

To compare apples-to-apples, these three quotes all have an initial benefit of roughly $5,000/month.

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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 options use similar three-year designs, with NGL's starting monthly benefit $100 higher than the others.

Option A: Mutual of Omaha's traditional MutualCare policy reimburses eligible care expenses. Its lifetime-pay premium can increase in the future.

Option B: NGL's traditional HonestLTC policy has the lowest premiums. Its lifetime premium can increase after five years, but NGL has never raised premiums to date.

Option C: Nationwide's CareMatters II policy has the highest premium, but it pays benefits in cash, finishes scheduled premiums after ten years, and provides a benefit to heirs if care is not needed.

Compare these benefits with projected care costs and the personal savings or other income you would want to use toward care.

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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

P.S. Still learning? See our popular blog or YouTube channel.