LTCi Quotes for Kathy and Todd

Kathy and Todd,

Your long-term care insurance quotes are ready.

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

 

 

🔎 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 benefit length, sharing, payment method, and benefits for heirs.

Option A: This traditional policy has the lowest premium and provides three years of benefits for each person. It reimburses eligible care expenses, offers no benefit to heirs if care is not needed, and its premium can increase after five years.

Option B: This hybrid policy changes the structure to a six-year shared pool that either person can use. It pays benefits in cash and includes a death benefit for heirs if care is not needed.

Option C: This hybrid policy has the highest premium and provides lifetime benefits with an unlimited total long-term care benefit. It pays 75% cash indemnity for the first two years, then reimburses eligible care expenses, and includes a death benefit for heirs.

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 Idaho 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.

Thanks,
Jesse

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