Revised LTCi Quotes for Bob

Bob,

Thanks for speaking with me. Your revised long-term care insurance quotes are ready.


🔁 Revised quotes

Each of these quotes use an approximate $5,000/month initial benefit to allow for an apples-to-apples comparison. You'll notice multiple payment schedules which can also be paid monthly (instead of annually). See notes below.

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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

Based on our discussions, I’ve included two different types of policies to give you a sense of the range of options available.

Option B: NGL
Your least expensive option. It does not include a refund feature and only guarantees the premium rate for the first five years (fairly safe). Payments are made as reimbursement (no informal caregivers).

Option C: Nationwide
Pays benefits in cash and provides coverage for the same period of time (6 years). Premiums cannot increase and benefits can be used for informal caregivers..

The average cost for assisted living is roughly $6k/month. Your options provide lower annual benefits ($5k/month), but you can bridge the gap using personal savings and Social Security. The goal for most people is meaningful coverage, not paying every dollar.

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

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

Either schedule time on my calendar to discuss your options..

Thanks,
Jesse