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Best Long Term Care Quote Americans are living longer than ever and are now facing the important decision of whether to purchase long term care insurance. Most people buy this coverage to protect assets, preserve independence and provide quality care. A growing number of younger people are buying it to help their aging parents. In general, long term care protection makes sense for people with a net worth of $100,000 to $2 million. Those with less will exhaust their assets and qualify for Medicaid; those with more can fund their own care. Otherwise a long term care quote is recomended. Long Term Care Is Especially a Women’s Issue “Women have a particular stake in protecting themselves from the high cost of long term care, not to mention the physical and emotional effects of having to provide care for a disabled or ill loved one,” according to Deborah Frett, BPW/USA CEO. “Long term care is a women’s issue because they are the majority of care recipients and the majority of caregivers,” said Ms. Frett. “In other words, they face the double threat of long term care and it is highly recomended to recieve a long term care quote.” Consider these statistics: One-in-two women age 65 and older will need long term care during their lives. Three-in-four nursing-care recipients today are women. Two-thirds of Americans providing care on a non-paid basis are women.1 “And to compound the problem,” according to Stephen Marlin, president of Best Long Term Care Quote of Stuart, Florida, “the average cost of long term care today is over $70,000 per year and it’s rising steadily.” Compare and Save With over 100 policies on the market—each with different benefits, premiums and application requirements—it pays to comparison shop. According to Stephen Marlin, Best Long Term Care Quote, "Your best bet is to get quotes from at least three companies." In addition, you should consider a long term care insurance policy with at least a three-year term—the average time people need care. Look for a daily benefit that would cover the average daily nursing-facility cost in your area. The national average is $198 per day, or over $72,000 per year. However, in some areas the daily cost can run twice as much. Look for an elimination period (the time before your benefits begin) of 90 days. Remember, this is catastrophic coverage. Most people who need the insurance can afford the cost of care for three months. Plus, this approach lowers your price quote—in some cases, by as much as 30% per year. Equally important, insist on insurers rated "A" or better by A.M. Best and "strong" by Standard & Poor's and Moody's. If you'd like to receive many long term care quotes with just one call, Best Long Term Care Quote will provide them—free of charge. The company—which has been recommended in Consumers Digest, Kiplinger's, The Wall Street Journal and on NBC—will ask for basic information on your age, health and location, then shop up to 15 top-rated carriers on your behalf. You'll get long term care quotes on three low-cost, high-quality long term care insurance policies for you—and a copy of The Consumer’s Guide to Long-Term Care Insurance.
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