When you’re looking at Long Term Care Insurance reviews, you know it’s important to compare companies. But it’s not that simple. Most agents are “captive” agents, meaning they are paid more to push their sponsoring company. Sure, they’ll provide “comparisons” but they are going to drive you to the company that pays them the most. A true independent agent will keep your best interest in mind, and show you an unbiased perspective of the entire Long Term Care Insurance reviews market.
Take Your Time
Now’s the time to step back and relax. You should not feel rushed to make decisions. The Long Term Care Insurance reviews sales process can feel rushed by hungry agents sometimes. Don’t let high-pressure sales tactics cloud your judgement.
- Financial Strength Ratings. When choosing a Long Term Care insurance Reviews company, first look for a company with good Long Term Care Insurance reviews and financial strength ratings. Also, look for a company with a good reputation for treating its policyholders fairly. When it comes time to collect a claim, for example, it is important not only to be dealing with a reputable company but also with a company that has good financial strength.
- Competitive Pricing. An independent agent can quote you pricing for all of the major carriers for similar benefits. We provide side-by-side comparisons to help compare apples and apples between companies.
- Policy Features. The framework of a Long Term Care Insurance reviews policy will not vary much from company to company. While they are all going to be very similar, every company will differentiate itself from the market with a nuance or two here and there. We will help you drill down and sift through the nuances to find the right company fit for your unique situation.
We only work with the top Long Term Care Insurance reviews companies. Our carriers include Genworth Financial, John Hancock, Transamerica, Mass Mutual, United of Omaha, and Mutual of Omaha, which are all reputable companies with good financial strength ratings.
Long Term Care Insurance Company Financial Strength Ratings
The average age of people needing Long Term Care is in the mid-80s. It is vital to choose a company today that will still be able to pay your Long Term Care Insurance claim in the future when you need it.
Below are some links to third-party companies that rate the financial strength of the major insurance companies. As a rule, it is important to do business with companies rated “A” or better.
Long Term Care Insurance Reviews Premium Rate Stability
Long Term Care insurance companies cannot increase your rates for changes in your age or health. However, companies can file an appeal to your state’s insurance commissioner for a class rate increase on Long Term Care Insurance policies in certain categories. Rest assured, however, that insurance companies cannot raise your rates on an individual basis.