Revised LTCi Quotes for Jeff

Jeff,

Your revised long-term care insurance quotes are ready.

šŸ” Revised quotes

Iā€™ve included three quotes, each with payments of $10k/yr for 10 years and 5-year benefit periods.

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Should you shop around? You canā€”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.



šŸ§ My notes

All three options are strong and include a return of premium feature, so if care is never needed, your spouse, children, or heirs receive an amount close to what was paid in.

  • Option A: The Lincoln MoneyGuard quotes are structured as reimbursement benefits (you submit receipts). If you elect cash instead, the benefit is reduced to 80% of the stated amount.
  • Option B: Securian offers the lowest cost for full cash indemnity LTC benefits.
  • Option C: Nationwide is similar to Securian in offering cash benefits, but at a higher cost.

My thoughts: If your priority is maximizing total LTC benefits regardless of how they are paid, Option A stands out. If you prefer full cash benefits for maximum flexibility, Option B is the most cost-efficient.

If youā€™d like to adjust the annual benefit, you can scale the premium up or down, and the benefits will change proportionally (for example, a 25% adjustment).

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Cost tool ā†’ Compare current and projected costs for home care, assisted living, and more in Illinois and elsewhere.


šŸ‘‰šŸ» Next steps

Schedule time on my calendar to review these options together.

If you don't need a call, complete this longer health pre-screen form (10 minutes). Iā€™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. Your initial pre-screen looks good, but itā€™s always worth completing this step.

Thanks,
Jesse

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