How do I get a Long Term Care Insurance Quote?

One of the best ways to receive a Long Term Care Insurance quote is from a Long Term Care agent that specializes in Long Term Care Insurance and preferably an “independent agent”.  An independent agent versus a “captive” agent (only works for one company) will bring several different carriers to the table.  An independent agent’s loyalty is to you their customer, not to a particular insurance carrier that might not have the cheapest policy available. 

Many independent agents have software on their laptop that allows you to compare apples to apples between several different insurance companies.  Let’s say you are interested in $200/day for a daily benefit with a coverage term of five years.  An independent agent will be able to show you quickly the pricing for several different Long Term Care insurance policies from different carriers.  Then you can quickly determine if Allianz, Genworth, or John Hancock is right for you.  There are many more providers, we only mentioned some of the most common.

Finding an independent agent is as easy as searching on the internet or opening your local yellow pages.  Many independent agents work off of referrals, so a good place to check is with your friends and family members that already have a policy.

You can also check with your life insurance provider or homeowners insurance provider.  Many of these carriers offer Long Term Care Insurance…but remember, those are captive agents/companies.

Finally, each carrier has their own specific underwriting criteria for your health rating.  An independent agent also understands the nuisances of each company and will most likely be able to save you time and money choosing the most appropriate policy for your specific needs.