Revised LTCi Quotes for Bob

Bob,

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

🔁 Revised quotes

I’ve included three quotes, each with a $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.

🧐 My notes

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

Option A/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).

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

Option D: OneAmerica
Provides lifetime benefits, which helps protect against longer-duration needs, such as Alzheimer’s or other cognitive conditions. Premiums cannot increase.

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.

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 or complete 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.

Thanks,
Jesse