Long Term Care Insurance quotes from Insurance Planners you can trust Auto Insurance Quotes
Long Term Care Insurance Planners Get your long term care insurance policy from Insurance Planners today
Get Free Long Term Care Insurance Quotes Long Term Care Insurance Information & Basics Long Term Care Insurance Buying & Shopping Tips Long Term Care Insurance Policy Frequently Asked Questions about Long Term Care Insurance
Get your free online Long Term Care Insurance quotes today!

Long Term Care Insurance Rates

 
Insurance companies determine long term care insurance rates based on factors including:

Your Age: Younger applicants have lower long term care insurance rates.

Your Health: The condition of your health at the time the policy is issued affects your long term care insurance rates. Long term care insurance costs are higher if there are health problems. Long term care insurance companies may ask for permission to examine your current medical records, or take a physical exam. Answer all health questions as truthfully and thoroughly as possible. If a company learns you did not fully disclose your health status on the application, it could refuse to pay your claim or cancel your policy.

Elimination Period: Longer elimination period will lower your long term care insurance rate.

Benefit amount and duration: A long term care policy paying $50 a day for three years will cost less than one paying $100 a day for five years.

Other factors: Adding optional benefits will increase your long term care insurance rates. Also long term care costs vary depending on the state and location you live in.

Premium increases

Individuals cannot be singled out for a rate increase, regardless of the number or amount of claims the insured person made or any change in health. Insurance companies can raise the premiums on policies that do not have fixed rates, but only if they increase the premiums on all policies in your "rate class." Your rate class may be based on your age, where you live, and your health status at the time you purchased your long-term care policy. Once your rate class is established, however, deteriorating health may not change your class or affect your individual premium.

Add this page to your Favorites!

 
LTC Newsletter Archive
 
LTCI Featured Monthly Article & Website Reviews
 
 
LTC Insurance Basics
Covered Services
Why Buy Long Term Care Insurance?
Myths and Facts
Sample Quotes
Long Term Care Insurance Rates
LTCi and Your Retirement Plans
Medicaid Eligibility
Alzheimer's & Costs to Family Caregivers
Choosing an Assisted Living Facility
 
Insurance Buying Tips
Insurance Shopping Tips
Choosing the Right Insurer
 
About the Policy
Long Term Care Insurance Benefits
Optional Benefits
Benefit Triggers
LTC Policy Exclusions
LTC & Tax Deductions
Group Long Term Care Insurance Plans
Inflation Protection
 
 
*NEW!* - Nursing Homes & LTC Costs in 50 States
 
Long Term Care Insurance Press Releases
 
Long Term Care Insurance Resources
 
 
Testimonials
 
 
 
Home
 
 
 
Long Term Care Insurance Planners Home | About Us | Privacy Policy | Legal Disclaimer | Site Map
 
Copyright © Inspolicy 2005 Long Term Care Insurance - LTC Planners
All Rights Reserved
 
Site Powered By Zeus Registry Web Hosting