Sunday, November 30, 2008

The Most Misunderstood 2 Facts About LTC Insurance

I get many calls from consumers seeking information about long-term care insurance and the #1 question they typically ask is "what's the right age to look at this protection?" Here's what I tell them. There is no "best" age because the most misunderstood fact about LTC protection is the requirement that you health qualify before an insurance company will issue you protection.

So, if you are in great health ... then you can apply at any age. But, most of us are not in perfect health. And, once we reach our 50s, our doctors have typically prescribed a medication (or two or three). It's these changes in our health that could cause you to pay more for long-term care insurance. Or, worse, it could make it impossible for you to health quialify ... no matter how much you'd be willing to pay.

A couple of points. First (and I'll do more blogs on this in the future with some data ... for those who like facts) ... generally your 50s is the "Sweet Spot" for when you should really start to look at long-term care insurance. That's because your mid-50s is when you are still most likely to qualify for good health discounts ... and still not have those health conditions that would get you to disqualify.

Second, if you currently have some health conditions or even had some health conditions (we'll write more about instances where companies will re-look at applicants who have recovered from serious health issues) ... you should consult with a long-term care insurance professional.

Click on this link to go to the American Association for Long-Term Care Insurance's website where you can submit some simple information and we'll connect you with a member who can asnwer your questions. Click on this link now:

Thursday, November 27, 2008

Welcome to this new blog, designed to provide meaningful information to consumers interested in purchasing long-term care insurance as well as for insurance and financial professionals looking to properly market and sell this important form of protection.

The American Association for Long-Term Care Insurance does NOT sell insurance products. However, we maintain the nation's most comprehensive website with the latest and most current information on the topic.

Consumers can visit the Association's Consumer Information Center where you can simply type in your Zip Code to find a local long-term care insurance agent. Or, you can click on this link now to answer a few questions and we'll arrange for one of our members to provide you with free, no-obligation information.
Click here now.

Insurance and financial producers can visit our extensive Producer's Resource Center where we have a wealth of information and marketing tools you can use. To transfer to the Center, click here now:

If you have questions, please free to E-mail me at as I look forward to making this blog of real value to all.

Thank you for taking the time to read and comment.