 |
Long
Term Care
Buyer's Checklist |
|
When considering a LTC insurance carrier, be sure to get the answers to the following questions
- How long has the carrier been offering LTC insurance? How does AM Best rate the insurance company? www.ambest.com
-
Does the policy provide a definition for "substantial assistance"?
- Does the policy provide a definition for "stand-by assistance"?
- Where is coverage available?
- What are your options for portability?
- How are benefits triggered in the policy?
- Does the policy require care coordination?
- What are the company's rules for care coordination?
- Are benefits reduced if you do not utilize a company appointed care coordinator?
- Does the policy provide for survivorship benefits?
- Does the policy provide restoration of benefits?
- Does the policy provide for waiver of premium?
If you are self-employed, a partnership, a L.L.C. or a corporation, be sure to ask about tax advantages that may be applicable to your situation.
Our representatives will be happy to help you with answers to these questions and many others. We can provide you with competitive information from several of the best known and respected insurance companies that offer LTCi, with no obligation.
 |
||
|
Copyright
1999, 2000, 2001 LTCi Pros |
