Today’s Answer to the Long Term Care Crisis

Of couples (65+) experiencing a long term care event.

80% of people needing care receive it from friends and family.

Get up to ten times your premium deposit in LTC benefits.

Caregiving spouses are six times more likely to suffer depression.

Summary Explanation:

Teal – Company A: Currently provides the most competitive Partial ROP LTC policy in the country for both Reimbursement and Cash Indemnity monthly benefit payout options. Note: This policy generates the largest monthly LTC benefit, the largest total LTC care pool and the most Legacy (Life Insurance) Benefit of all ROP LTC plans. It is not available is all states.

Royal Blue – Company A2 (same as company A): Currently provides the most competitive Full ROP LTC policy in the country for both Reimbursement and Cash Indemnity monthly benefit payout options. Note: A full Return of Premium (ROP) is available beginning year six.

Violet – Company B: Currently provides the second most competitive Partial ROP LTC policy in the country for both Reimbursement and Cash Indemnity monthly benefit payout options. Note: This policy is available in all states.

Purple – Company B2 (same as company B): Currently provides the second most competitive Full ROP LTC policy in the country for both Reimbursement and Cash Indemnity monthly benefit payout options. Note: This policy is available in all states.

Lime Green – Company C and Green – Company C2: This carrier’s Partial and Full ROP LTC plans are the most common policies offered through “wire houses” (National Brokerage firms) in the country.

Orange – Company D: Currently provides the longest standing Partial ROP LTC plan. While it basic benefit “Duration of Care” is 66 months, for an additional deposit you can opt for an unlimited “lifetime” monthly benefit. Furthermore, you can use “qualified accounts”, like an IRA to fund it.