Long-term care insurance is generally offered to customers between the ages of 45 and 65. It includes coverage for both in home and at a long- term care facility. Underwriting is based on age, height, weight, current and past health conditions, family history, and tobacco use. Products are offered with inflation guard to protect against rising healthcare costs.
Types of Long Term Coverage Riders
There are three common ways you can buy Long Term Care coverage:
- A Stand Alone Long Term Care (LTC) insurance policy
- An Annuity with Long Term Care Benefit
- A life insurance policy with a LTC rider
The Sprouse Insurance Difference
You may think you want the cheapest insurance you can find, but realize you may not be getting everything you bargained for …
… While most insurance products are similar in price and function, insurance providers are very different when it comes to structuring a policy that actually covers you. So if you’re at all concerned for your financial well being, you should investigate what you are offered carefully, and consider a relationship with a reliable guide.
Because, unfortunately, there’s no such thing as a one-size-fits-all insurance policy.
We’re your neighbors. We protect people we know and care about in Northwest, Ohio, and that means we always look for ways to protect you better, including carefully choosing the insurance companies we represent to be both affordable and responsive.
Click on the quote request button now and let the professionals at Sprouse Insurance help you forge the strongest shield possible to help you protect the things you care about most.
Long Term Care Companies We Represent
- Auto Owners Life
- Grange Life (rider)
- Lincoln Life (rider)