Texas Long Term Care Insurance has essentially become a necessity, much like health insurance, for all but the very wealthy. The necessity becomes clear when you consider Texas long term care costs. The 2022 median cost of a Texas long term care facility is now $85,107 ($233/Day). [Read more…]
Reimbursement vs Indemnity LTC Insurance Benefits
We’re often asked to compare Indemnity vs Reimbursement long term care insurance benefits. The best time to know the difference of Indemnity Vs Reimbursement long term care insurance is before you buy a policy. [Read more…]
Group Long Term Care Insurance Review
Group long term care (LTC) insurance programs are an often underutilized employee benefit. However, the advantages to employers and employees can be quite significant and deserve the consideration of corporate management, human resources and employees. [Read more…]
Last updated: April 6, 2021 at 15:23 pm
Long Term Care Insurance with Guaranteed Level Premiums. Every Transamerica long term care insurance TransCare Enhanced policy comes with an automatic 5-year rate guarantee. An optional rider for an additional 5-year guarantee period results in a full 10 years of guaranteed level premiums for Transamerica long term care insurance policyholders. [Read more…]
Indemnity vs Reimbursement Long Term Care Insurance Policies
This article explains the difference in Indemnity Vs Reimbursement long term care insurance policies, including:
- How traditional “reimbursement” long term care insurance policies pay benefits based upon the actual expenses you incur.
- How an “indemnity” long term care insurance policy pays a monthly cash benefit, regardless of the expense incurred.
- Why you should understand the differences of Indemnity Vs Reimbursement long term care insurance plans before you purchase a policy.
- How to get quotes that compare Indemnity & Reimbursement long term care insurance policies.
Last updated: October 29, 2019 at 17:17 pm
Research conducted for John Hancock long term care insurance confirms that lower priced options increase purchasing interest in long term care insurance among 45-65 year olds. [Read more…]