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OurMissionOurMission at LTC.com is to improve

your understanding of Long Term Care and to simplify theprocess of buying Long Term Care insurance. We offer industry-leading educational material that will help you better understand the nature and complexities of elder-care; including the impact that caregiving has on the physical, emotional and financial well-being of family members. We will then connect you with a Licensed LongTerm Care Specialist who will assist you in selecting the rightLong Term Care insurance policy at the best possible price.

Your Long Term Care Specialist will:• Search the top-rated Long Term Care insurance

companies and recommend one that is best for you.• Compare prices and find a Long Term Care plan based

on your budget.• Recommend a Long Term Care plan that fits your

specific needs.• Take your application over the phone, saving you time

and simplifying the process.

A) Introduction - About LTC.comB) Why Long Term Care Insurance? A 5-Minute Course

C) Four Steps to Getting the Right Policy

• Step 1: Do Your Homework

• Step 2: Choosing an Agent

• Step 3: Choosing the Right Company

• Step 4: Choosing a Plan

• Additional Considerations: Protecting Your Entire Family

D) Frequently Asked Questions

IntroductionIntroductionLL

5-MinuteCourse

5-MinuteCourse

Do I Need Long TermCare Insurance?

hile some try to make the case for Long Term Care insurance complicated, the reasons to secure Long Term Care

insurance are quite simple and intuitive. In fact, the case can bemade in less than five minutes. Consider the following key points anddecide for yourself.

Longevity and Societal Change:We are living longer than ever before.

• For a host of reasons, including better public health strategies, safety technology (seat belts, bicycle helmets, etc.), miracle surgical tech-nologies, and prescription drugs, most of us are likely to live well into our 80s and even our 90s.

• We also live in a time when husbands, wives and partners need, or want, to work out of the home. Adult children also often live far away from parents, have full time jobs and are raising their own families.

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ong Term Care insurance is not a “one size fits all” proposition. There is no single best company or policy.

Price varies from company to company and person to person. The keyto purchasing Long Term Care insurance protection is to identify theinsurance company and policy that is the best for you. Making gooddecisions about your Long Term Care policy can be a fairly simpleprocess if you have good information, ask the right questions and workwith a trusted professional. In this Insiders Guide, we will point out sev-eral important steps you need to follow during your buying process.We will give you enough information so you can choose the right com-pany, the right policy, and the right benefits at the best possible price.

With proper planning you will have peace of mind knowing that youhave prepared properly for your future Long Term Care needs. You willbe able to choose the type of care you need and have choices as towhen and where to receive it, all the while preserving your assets andprotecting your family.

Consequences:With greatly extended life spans comeunintended consequences

• One in particular is that while we are living longer, we are not necessarily living healthy, fully mobile and physically active lives. The opposite is often the case. In fact, the longer we live, the greater the likelihood thatwe will need daily and ongoing help with what are known as the “activities of daily living” (ADLs for short), or custodial care. They are: bathing, continence, dressing, eating, toileting and transferring in-and-out of beds and chairs, etc.

• Presently, family members (usually women) are burdened with providing the vast majority of this daily assistance to loved onesneeding help with their ADLs—usually in the home and sometimesfor many years.

HealthHealth

Who Will Pay?Unfortunately, you will

• Traditional insurances like your major medical plan, Medicare and Medicare supplements don’t pay for the ongoing custodial care. They only pay for skilled medical services and short-term skilled rehab services; not custodial LTC services.

• Or you may be forced to become a ward of the state and wind up on the state/federal welfare program called Medicaid. But Medicaid primarily pays for nursing home care—the place none of us wants or expects to be.

AssetsAssets

Impact on Loved Ones:Physical, emotional and financial hardship

• People who are burdened with such daily responsibilities consistently report high levelsof physical, emotional and mental stress.Depression among caregivers is common, as is time away from work, physical exhaustion, and even unanticipated and unsustainable financial expenses.

FamilyFamily

The Cost of Long Term Care Services:Few are able to pay out-of-pocket

• The more logical and preferable approach to providing Long Term Care services is to hire outside professionals to help with the ADLs, either in the home, an assisted living facility or a nursing home. But this approach can be extremely costly.

• For example, depending upon one’s need, the cost for home care services can range from $10,000 a year to $50,000 a year in today’s dollars. Assisted living facilities range between $25,000 and $45,000 a year, and the average cost for just one year in a nursing home now exceeds $75,000.

• In 15 years, all of these costs will likely double at a minimum.

CostsCosts

Risks of an LTC Need:The odds of your needing help with Long Term Care are quite high

• One in two women and one inthree men are likely to requirecaregiving assistance as theyage.

• Ironically, the odds of filing a fireinsurance claim on your homeare 1:1200, and the odds of aclaim on your auto insurance are1:240. We wouldn’t think of goingwithout such insurance coverage,but fail to insure for the risk that we are far more likely to face: Long Term Care.

RisksRisks

Protect Yourself andYour Family:What legacy will you leave

• Long Term Care insurance is the only insurance product specifically designed to help protect you and your family from the financial, physical and emotional impoverishment associated with extended Long Term Care needs.

• Today’s LTC comprehensive policies pay for a wide range of caregiving services in most settings: at home, adult day care centers, hospice, assisted living facilities, Alzheimer’s centers and nursing homes.

ProtectProtect

Pay Now or Pay Later:You get Long Term Care insurance more with your health than your wealth

• Qualifying for coverage andthe premiums you pay are directly linked to your health and your age at the time you apply for coverage.

• If you are even considering the value of this protection, applynow. Don’t risk waiting.

ValueValue

To Getting The Right PolicyAt The Best Price

ome “experts” attempt to make the discussion about LongTerm Care insurance very complicated. They write books

on the subject. While you certainly can consume yourself withevery minute and meaningless detail about Long Term Care insurance,you are likely to encounter greater confusion than clarity.We think the core issues surrounding the need for Long TermCare insurance are basically quite simple and urge you to reviewour “5-Minute Course” on Long Term Care.

Likewise, when buying a policy, you can become overwhelmedwith all the details of every conceivable option and rider (mostof which have little practical value), or you can focus on gettingthe basics right. Our goal with these 4 Steps are to help youget those basic elements of buying a Long Term Care insurancepolicy right. We urge you to keep things simple and to work witha skilled LTC insurance specialist. We hope you will find the followinginformation helpful.

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Step 1:Step 1:Do Your Homework.

Decide where you will most likely retireThe cost of Long Term Care services varies dramatically across thecountry. So, knowing where you will live during retirement will help you determine how much coverage you will need to buy.

• Give us a call at 800-432-0091 and one of our Long Term Care specialist will tell you the cost of care in your area.

• If you can’t decide between two locations, plan for the moreexpensive area. Purchasing additional coverage when you areolder will be costly, especially if your health has declined.

Calculate your savings, pensions, and other incomeDetermine your income from allsources as of today and especially during retirement. These figures will be very important to the planning process. They will help you decide how much you can afford to pay out-of-pocket for Long Term Care and how much you will want your LTC insurance to cover. They will also help you determine an appropriate waiting period or Elimination Period. (See Step 4) By addressing these issues, you will be able to design an appropriate plan at an affordable premium level for today and when you retire.

Step 2:Step 2:Choosing an agent.What to look for.

This is a critical part of getting the right Long Term Care policy. Agood agent will not only know about the different companies andtheir policies, he or she will also assess your individual needs, answerall your questions, and provide ongoing service in the future.Find an agent who:

• Represents many top “A” rated companies - Be wary of agents who represent only one company. With about 100 companiesoffering LTC insurance, you are likely to get a very narrow and biasedrecommendation. Benefits, underwriting guidelines and premium rates vary from company to company. Each company has certain “sweet spots” in these areas, which may make a certain plan more appropriate and less expensive than another. Agents who work with many of the better companies will be able to match your needs and budget with the right company and plan.

• Specializes in Long Term Care insurance - Unfortunately, many agents selling Long Term Care insurance also sell many differentfinancial and insurance products. They dabble in Long Term Care rather than specialize in it. They will not have the expertise needed in Long Term Care to best advise you about company, policy and benefit selection.

• Works with an established agency - Many insurance agents work for themselves and offer no backup or ongoing customer assistance if they change jobs or retire. If this happens with your agent, you will have to deal with the insurance company on your own should a problem arise. Find an agent who works for an agency that has a customer service department, a well established track record, and serves a large client base. Because the agency must service all its policyholders, even if the agent changes jobs or retires, you will be sure to get help if you ever have a problem with the insurance company.

• Cares about your future -Listen carefully. Is your agent just trying to sell you a policy or is he/she listening carefully to assess your needs? Are you partners in considering options for your future Long Term Care needs, or just talking about insurance products? The better an agent understands your personal situation, the better he/she can help you plan for your future Long Term Care needs. This will result in a more accurate premium quote. In addition to financial matters, your agent should be asking you about your medical history, including surgeries, medications, hospitalizations, etc.

Choosing the rightinsurance company

• Select “A” rated or better companies - As long as you selecta well-known insurance company rated “A” or higher, you should not have a problem with your coverage in the future. With few exceptions, the service, claims practices, and core policy benefits of the major companies are generally the same. Look for a history of rate stability as well.

• It’s all about your health - While similar for the most part, eachinsurance company has its own set of underwriting guidelines. These guidelines determine whether policy applicants will be accepted or rejected, as well as the appropriate risk classification. Your risk class will determine the premium you pay. With one company you may qualify for a “preferred” health discount, while another may offer

Step 3:Step 3:

Step 4:Step 4:

You can always downgrade your coverage in the future if youcan no longer afford the premium or if you think you bought toomuch coverage. Below are the main components to consider whenchoosing a Long Term Care plan.

• Comprehensive Plan: Be certain to select a plan that providescomprehensive benefits, including home care, community care, assisted living facilities, Alzheimer’s centers and nursing homes. The plan must also cover both skilled care and custodial care services.

• Choosing Core Benefit Elements. There are four major elements in a Long Term Care policy. As long as you get these fourparts right and have your coverage with a major company, you should feel good about your decision.

Daily Benefit. This is the amount of insurance benefit in dollars that you will receive each day to pay for Long Term Care expenses. Some companies tell you how much you can receive on a monthly basis rather than daily. Most give you a choice.

• A nursing home is usually the most expensive type of Long Term Care you can receive, so design your policy with this figure in mind. The goal of a Long Term Care policy is to keep you in your own home, which is less expensive but you should plan for a worstcase scenario. Give us a call at 800-432-0091 and one of our Long Term Care specialist will tell you the cost of care in your area.

standard rates for the exact same medical condition. Likewise, an ap-plicant that is accepted for coverage by one company may be re-jected by a different company. Agents who work with many of thebest insurance companies can match your medical status with thecompany that will offer you the best risk class and premium rate.

• “B” rated companies may be worth considering if you have serious health issues. The few companies that focus on covering people with serious health issues often have a “B” rating. Such companies are usually financially stable, but have lower ratings because they are typically smaller in size and don’t offer enough different products to secure an “A” rating. For those with a serious medical condition, coverage with a “B” rated company may be better than no coverage at all.

• Consider multiple applications. It may make sense to fill outan application with several different companies if you have a complicated health history. The approval process can take up to eight weeks and you can always cancel one policy at no cost if multiple companies accept you.

Choosing a planPurchase as much coverage as you can afford when you first apply. Studies show that the greatest regret current LTC policy holders have is that they failed to buy more protection when they first had the chance. The price of a policy is greatly affected by your age, benefit selection and health at the time you apply. Upgrading your coverage when you are older is much more expensive and, if your health has deteriorated,you may not be approved for more coverage.

more years from now. Although there are many choices, most people choose a 90-day or 60-day elimination period. Let’s assume that the cost of care is $200 a day. If you have 90-day Elimination Period you will pay $18,000 out-of-pocket before the insurance company begins to pay benefits. Smaller Elimination Periods may be desirable, but they drive up premium costs.

• The cost of Long Term Care services is expected to double about every 15 years. So, if the cost of care is $6,000 per month today, it will be about $12,000 per month 15 years from now.

• Ask your agent for help in choosing an appropriate EliminationPeriod.

Inflation Protection. This is a critical part of every policy. The cost of care services goes up every year, on average by about 5 percent over the previous year. To maintain your buying power 10 or 20 years from now, your policy benefits must also grow by 5 percent each year. Be sure to include inflation protection.

• There are three basic inflation protection options availablealong with several variations.

Compound Benefit Increase OptionThis is the most frequently selected benefit increase option. The Daily Benefit will grow by a preset percentage on an annual basis, typically 5 percent. The percentage increase in this case is always based on the currentDaily Benefit, which allows for a much more rapid increase of the Daily Benefit amount.

Simple Benefit Increase OptionThe Daily Benefit will also increase annually by a specified percentage, usually 5 percent, on an annual basis. The increase, however, is always based on the original Daily Benefit and will grow at a slower pace than the compounded inflation option.

• Consider buying a policy that pays the same amount per dayor month that a nursing home stay would cost where you will live after you retire.

• If you cannot afford to do this, ask your agent about coinsur-ance options. For example, you may cover 20 percent or 30 percent of the cost of care out of your own pocket, and buy insurance to cover the remainder. This is a common approach.

Benefit Period - Maximum Lifetime Benefit. These termsidentify the total pool of money available to pay for Long Term Care services and the length of time your pool will last if you spend the full Daily Benefit on consecutive days. All policies establish a pool of money that will be used to pay for your Long Term Care needs over time. For example, a 5-year Benefit Period at $200/day will create an immediate Maximum Lifetime Benefit of $365,000. If you spend the full $200/day for 1,825 days (5-years x 365), you will exhaust your pool. If you spend $100/day, the pool will last twiceas long.

• The average stay in a nursing home is about 2.5 years, but when you include the likelihood of home care and assisted living needs, it makes sense to consider a “5-year” Benefit Period, if possible. This is especially important given the increasing rate of people with cognitive disorders like Alzheimer’s.

• In fact, seriously consider purchasing an “unlimited” or “lifetime” policy if you have a family history of longevity or cognitive disorders such as Alzheimer’s or Dementia. Companies are beginning to move away from unlimited policies due to the high risk involved, so you should act soon if you are considering one.

Elimination Period. An Elimination Period is the Long Term Care insurance version of a typical insurance deductible. Rather than being a dollar amount, it is a period of time (stated in days) that you agree to pay for services before the insurance company starts to pay.

• Be sure to calculate how much your deductible will cost you when it comes time to use the policy, perhaps 20 or

Frequently AskedQuestions

Frequently AskedQuestions

About Long Term Care

Q1: What is Long Term Care?A: Long Term Care is personal or custodial assistance provided topeople who have difficulty caring for themselves or can no longercare for themselves due to an accident, disability, prolonged illnessor aging.

Q2: What does “custodial care” mean?A: Custodial care is assistance given to individuals who need helpperforming their activities of daily living (ADLs). Examples of custodialcare include walking and getting out of a chair or bed; assistancein bathing, dressing, feeding, toileting, or supervising theadministration of medications.

Q3: Where is Long Term Care provided?A: Long Term Care is provided in many different settings. Most care is provided at home or in the community (e.g., adult day care centers). Once a person can no longer live at home, he/she may receive Long Term Care in an assisted living home, an Alzheimer’s facility or a skilled nursing home.

• Future Increase or Guaranteed Purchase Option (GPO)This option allows the policyholder regular bi-annual opportunities to purchase additional coverage in the future with no additional medical questions. Certain restrictions apply. This can be an expensive way to add coverage because the premium for the additional benefit is based on the policyholder’s current age, not their age when they first purchased the policy. Rarely is this inflation option recommended for individuals under the age of 70.

• Riders: As long as you have the core benefits described above, youcan rest easy. Most rider options add to the price, but offer questionable value for most people. If you do choose to purchase additional riders, carefully weigh the cost with the benefit you receive. A good agent can guide you through this process.

Additional Considerations:Protecting Your Entire Family

• Purchasing a Long Term Care policy will help preserve your assets, provide you with choices of care setting and protect your loved ones from having to care for you. However, you are still at risk of becoming a caregiver yourself. This can be very emotionally and financially draining.

• Tell your family about why you bought Long Term Care insurance and encourage them to do the same. You should at least give your loved ones all of the information you have, so they can make an informed decision for themselves.

If You Are Declined Coverage:

• If your application is rejected, ask your agent about your right toappeal the decision and whether you can secure coverage through a company specializing in high risk cases.

Q8: How can I pay for Long Term Care services?A: You have basically three options. First, you can pay for LongTerm Care out-of-pocket or seek financial support from familyor friends. Second, you can apply for welfare assistance throughMedicaid once you have spent down your income and assets topoverty levels. Third, you can purchase a Long Term Care insurancepolicy, which will provide you with financial resources andchoices for your future Long Term Care needs.

Government Information And ResourcesQ9: Why is there so much new information aboutLong Term Care from the government, AARP,state governors and other major media outlets?A: We are facing massive deficits in the Social Security, Medicareand Medicaid programs. Consequently, the federal governmenthas recognized it will not be able to support the health care andLong Term Care needs of the 60+ million Baby Boomers enteringretirement over the next few decades.

The government, non-profit organizations and private businesssectors are joining together to educate the public about this LongTerm Care crisis so people can make informed decisions and preparefor the future.

Who Needs Long Term Care?Q4: Who will need Long Term Care?A: If you are under 65, there is a chance you will need Long Term Care.40 percent of Americans receiving Long Term Care are between theages of 18 and 64. For those over 65, the likelihood that you will need some type of custo-dial care rises to 60 percent. It is estimated that people over 65 face a40 percent lifetime risk of eventually needing skilled nursing home careof some duration.

Q5: Is Long Term Care just for the elderly orpeople over 65?A: No. An illness, accident or degenerative condition can happen toanyone at any age. In fact, 40 percent of Americans receiving LongTerm Care are between the ages of 18 and 64. Consider that by age 65, 80 percent - 90 percent of Americans willhave a chronic disease and may not qualify for coverage if they wait.Therefore, Long Term Care insurance should be a component ofeveryone’s financial portfolio.

Cost Of Long Term CareQ6: What are some typical costs for LongTerm Care services?A: The average costs for Long Term Care services can be staggeringwithout insurance. Although costs vary by state, the national averagefor a private room in a skilled nursing home is $74,806 per year. Expectto pay an average $25 per hour for a home health aide, which cantotal $52,000 per year (40 hours per week). At a minimum, these costsare expected to double over the next 15 years.

Q7: Who pays for the cost of Long Term Careservices?A: You do. Traditional medical insurance, Medicare and Medicaresupplements do not pay for Long Term Care services; they are de-signed to pay for short-term skilled rehabilitation services. On average,Medicare pays for about 25 days of nursing home rehabilitation and a limited amount of home care. Consequently, paying for your ownLong Term Care is your responsibility.

Q14: Does Medicare cover my rehabilitationand Long Term Care should I need them?A: Medicare may cover up to 100 days of medical rehabilitation in askilled nursing home if your physician prescribes it. On average, Medicarepays between 3 - 4 weeks of rehabilitation in a nursing home. However,Medicare will not cover your long-term personal and custodial care.

Q15: Doesn’t Medicaid cover Long Term Care needs?A: Medicaid, a state/federal welfare program, provides benefits covering nursing home care and limited home care ONLY after yourpersonal assets have been depleted.

Q16: Why can’t I use Medicaid to pay for myLong Term Care?A: You can, but there’s a huge downside to relying on Medicaid.Medicaid is a state/federal welfare program. Consequently, to qualifyfor Medicaid, you must have (1) depleted most of your assets (2) directed most of your income toward your care and (3) require nursinghome level services. Steven Moses, President of the Center for LongTerm Care Financing, stated in the Senior Market Advisor April 2004,“Medicaid is a means tested public assisted program. It has a dismalreputation for lack of access, low quality, low reimbursement rates,discrimination and institutional bias.”

Who Should Purchase Long TermCare Insurance?

Q17: Who should consider Long Term Careinsurance?A: All adults, especially those over 40, should consider purchasingLong Term Care insurance. The need for Long Term Care insurancecan arise anytime due to illness or accident. As we age, the need forsome type of Long Term Care increases. Suze Orman states, “No well-planned retirement should be without Long Term Care insurance. It isthe very cornerstone of retirement security.”

Q10: What is the government doing to addressLong Term Care issues?A: The government, both state and federal, is sending a strong messagethat it will not pay for Long Term Care for most Americans. The mostrecent example is the passage of the Deficit Reduction Act, whichtightened the rules to qualify for Long Term Care assistance throughMedicaid, the government welfare program. Additionally, Congresshas funded the Own Your Future informational campaign about LongTerm Care, has passed some tax incentives for those who purchaseLTC insurance, and it is encouraging more “LTC Partnership” plans.

Q11: I’ve heard about the Own Your Futurecampaign. What is it?A: It’s a state and federal government campaign designed to increase awareness about the need to plan for Long Term Care.Households with members between ages 45 and 70 are targeted toreceive informational materials, including a Long Term Care PlanningKit and state-specific resources.

Q12: What is the Deficit Reduction Act?A: The Deficit Reduction Act (DRA), signed into law in February 2006,reduces the government’s financial burden of providing medical aswell as Long Term Care coverage by employing more rigid requirements to qualify for Long Term Care assistance paid for byMedicaid. Basically, the DRA mandates that all but the poorest populations in America pay for their own Long Term Care.

Q13: Will Medicare cover my Long TermCare needs?A: Neither Medicare nor Medicare Supplemental Plans cover LongTerm Care. These plans only pay for skilled medical rehabilitation ina nursing home over a limited period of time after a hospital stay, typically 3 – 4 weeks. They do not pay for custodial or intermediatecare in that nursing home environment, nor do they pay for extendedhome care. According to the National Association of Insurance Commissioners, “You should not rely on Medicare to pay for your Long Term Care needs.”

Q19: How do I determine my own need forLong Term Care insurance?A: If you were to suffer a debilitating accident or illness, think abouthow long you could pay for your own Long Term Care. Considerhow the loss of your savings and retirement funds will impact yourfamily’s quality of life.

When you think about spending your well-earned money on costlyLong Term Care services, you can see the financial and emotionalhardship your family will suffer. Consequently, the sooner you haveLong Term Care coverage, the better. Long Term Care insuranceprovides peace-of-mind that your family will not suffer should yourneed for extended care arise.

Q20: Does it make sense to wait until I amolder before I apply for coverage?A: It doesn’t usually pay to wait. The cost of your premium is age-based, so the younger you are, the more affordable your rate. Youalso have a greater chance of being approved when you are youngbecause you are likely to secure a more favorable risk class.

Also, consider that premium rate tables for new applicants increaseevery three or four years. Even a five-year wait may double the cost ofcoverage. The most important reason to act sooner rather than later,however, deals with your ability to qualify medically.

Q21: Does my health insurance cover any LongTerm Care I might eventually need?A: No. Just as with Medicare, your medical insurance covers short-term, acute medical needs, hospital stays, and costs relating to immediate recovery. It will not pay for extended Long Term Care.

Q22: I have disability insurance. Will it covermy Long Term Care expenses?A: No. Disability insurance provides income replacement. It willnot cover your Long Term Care needs.

Q18: How can I convince my aging parents toconsider Long Term Care insurance?A: Discussing Long Term Care is difficult for both adult children and theirparents. Waiting until a parent is ill or becomes frail due to an accidentcauses even more stress, so it’s important to begin the conversationearly.

First, listen to your parents’ concerns. Most likely, they will tell you theydo not want to be a burden. Outline the choices available, includinghome health care, assisted living, Alzheimer’s facilities, and nursinghomes. Become familiar with and discuss the high costs associated withLong Term Care.

Then, listen to and respect your parents’ preferences. Don’t forget todiscuss your own concerns about providing care for your parents. Beopen and honest about your ability and willingness to take care of theirfuture physical, emotional, and financial needs.

Be realistic and understand that providing care for a loved one takes atoll on the entire family. Most caregivers report a decline in their ownhealth, including depression, an increased use of medications, lostwages, and less time spent with their spouse, children and friends.

Last, help your parents create a Long Term Care plan that meets every-one’s needs and desires. Suggest Long Term Care insurance as a wayto provide the care your parents deserve.

Q26: How do I lessen the Long Term Care burden for my family?A: Realize that by not taking responsibility for your own Long TermCare needs, your family or loved ones may eventually be forced toprovide for your physical, emotional and financial well-being. If youor your family is unable to pay for your Long Term Care services,then you will have to rely on Medicaid. Better to plan now beforeyou need extended care services. Don’t wait for a medical crisisor until you are older. Explore the type of Long Term Care servicesavailable and the high costs associated with them.

Consider purchasing Long Term Care insurance to meet your futureneeds and to eliminate the severe emotional toll caregiving for aloved one often causes.

Purchasing Decisions And Policy QuestionsQ27: How do I make the right decision regarding Long Term Care insurance?A: Work with a Long Term Care Specialist. Specialists have accessto a variety of plans and will help you design one that meets yourspecific needs. They consider many factors, including your currenthealth, your financial situation and your budget.

Q28: How do I qualify for Long Term Careinsurance?A: Your medical history and current health status determines whetheryou qualify for Long Term Care insurance. In addition, when youapply you must be able to perform all of your activities of daily living(ADLs), which include bathing, continence, dressing, eating, toiletingand moving from place-to-place.

Q29: What do I need to consider when shopping for Long Term Care insurance?A: Work with an agent who specializes in Long Term Care insurance.Select a policy from a financially stable insurance company. Purchaseas much coverage as your budget allows when you first apply, butcarefully weigh the value of adding riders and options that may not,

What Does Long Term Care Insurance Cover?Q23: What services are covered by Long TermCare insurance?A: Depending on the type of plan purchased, Long Term Careinsurance covers many skilled and custodial services in a varietyof settings, including in-home skilled and custodial care; adult daycare; assisted living facilities; nursing home care and Alzheimer’scenters.

Why Purchase Long Term Care Insurance?Q24: How can Long Term Care insurance help?A: Long Term Care insurance coverage gives you peace-of-mindbecause the policy benefits help you remain in your home andretain your independence. In addition, you will be able to choose quality care in the setting you prefer, avoid burdening your family with difficult caregiving tasks, protect your assets and preserve your estate.

Q25: What is thefinancial risk if I do not have Long Term Care insurance?A: You risk depleting your savings, retirement pension and other assets. Additionally, your loved ones may be responsible for providing your Long Term Care needs, which can take a toll on them emotionally, physically, and financially.

be worth the additional cost. Because the cost of Long Term Carewill increase in the future, consider purchasing compound inflationprotection.

Long Term Care Insurance CostsQ30: How much coverage do I need?A: Consider the following factors to determine an appropriate level ofcoverage: (1) the cost of care in your area (2) the amount of personalassets you need to protect, including Social Security, pension incomeand investments (3) the amount of money you are willing to spendout-of-pocket for your Long Term Care needs and (4) your currentbudget for an insurance plan.

Q31: How much does Long Term Care insurancecost?A: Premiums are based on your age, health status, and the level ofcoverage you select at the time of application.

Q32: Can my policy be cancelled and will my premium rate increase?A: Your policy cannot be cancelled assuming you pay your premiums on time. Companies cannot increase your rates based on your filing a claim or due to a change in your age or health status. It is, however, the right of all insurance companies to raise rates upon approval by state insurance departments. Any approved rate increase must be spread across an entire group or class.

Have a question? Give us a call !

We Would Love To Hear From You

Long Term Care insurance is not one-size-fits-all. The most affordablecompany and plan for you are determined by a number of factorssuch as your age, health, and marital status. We will conect you with alicensed Long Term Care Specialist who will provide you with a ratecomparison from top companies so you can choose the plan thatbest fits you.

LTC.com 5000 Quorum Drive

Suite 560Dallas, Texas 75254

Toll-free Telephone:800-432-0091

Fax:(972) 404-9223

E-Mail:info@ltc.com

800-432-0091800-432-0091