LTCi Quotes for Anthony and Monica

Anthony and Monica,

Your long-term care (LTC) insurance quotes are ready.

🔎 Your quotes

I’ve included a comparison of a joint OneAmerica Asset Care policy and two individual policies. Because New Jersey requires a minimum face amount (refund) of $50k per policy, Monica’s premium needed to be increased to $65k to meet that threshold.

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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.

💰 Payment options

Below are OneAmerica $200k single premium payment schedules.

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If you'd like to adjust your annual benefits, you can adjust your premium—your benefits will change proportionally (e.g., by 25%).

🧐 My notes

I’ve updated your quotes based on your feedback.

Option A: This joint policy directs a larger portion of the premium toward long-term care benefits rather than the refund, which is paid after both of you pass away. Because the joint policy satisfies the $50k minimum refund requirement, the total premium can be lower.

Options B1 and B2: These individual policies allocate a greater portion of the premium to the refund, which is paid after each of you passes away, and slightly less toward long-term care benefits.

Assisted-living in New Jersey is projected to cost $225,000/year in 20 years (assuming 4% annual growth). Your options provide lower annual benefits than this projection, 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 New Jersey and elsewhere.

👉🏻 Next steps

If any of these policies look appealing, please schedule time on my calendar so we can review the options together and address any questions you may have.

📺 Still learning?

Watch our "unboring" video on qualifying for LTC insurance or visit our website. That's me in the video.

Thanks,
Jesse

Jesse Vickey at Long Term What?
Schedule a call or 720-263-2188