Kelly Greene of the Wall Street Journal acknowledges common concerns about purchasing Long-Term Care insurance (LTCi [1]), but validates that LTCi [1] is necessary.   Greene says consumers must shop different carriers in order to find the best LTCi [1] value:

Costs vary widely, even for coverage that is basically identical, according to a March study by the long-term-care insurance group. For example, a $150 daily benefit, lasting three years for a married couple aged 65 in "standard" health, ranges in price from $3,815 a year to $7,129.

That means you could pay nearly twice as much for the same benefits as someone insured by a different carrier.

Unfortunately for consumers, shopping around is difficult. Policies from different carriers are packaged with a proliferating number of bells and whistles. Life-insurance policies and annuities that include long-term-care benefits are introducing more options, but also making the selection process that much more involved.

As an independent LTCi [1] broker, Baygroup does the "shopping around" for you.  After we take some information from you, we can run quotes with many carriers so you can compare them side-by-side. 

Already have a policy?  We can review and evaluate policies from any carrier.  Let us make finding LTCi [1] easier for you.

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