Must Reading For Long Term Care Insurance Shoppers Concerned About Future Rate Increases
Please be patient, this page is being created and will be completed soon: (Posted April, 2014)
Thank you for visiting our website. The American Association for Long-Term Care Insurance was established in 1997 with the goal of providing individuals with the most relevant,factual and current information upon which informed decisions could be made.
If you are considering long-term care insurance and you are reading online articles and information, I know you've read about rate increases on long term care insurance policies.
Rate Increases on Older (Existing) LTC Insurance Policies DOES NOT MEAN New Policies Will Face The Same ... and We'll Explain Why.
I hope you find the information contained on this webpage to be of value. I always welcome your input, questions and comments.
Jesse Slome, Executive Director
American Association for Long-Term Care Insurance
Click Here to Email Your Question to Jesse Slome, AALTCI
If you would like to be connected with a designated long term care insurance specialist call the Association at 818-597-3227 or Click here to complete our simple online questionnaire.
The Truth About Long Term Care Insurance Rate Increases
Click on any of the questions below to jump to read the answer.
Why It's Unlikely New Policies Will See Rate Increases
THE PAST DOES NOT ALWAYS PREDICT THE PRESENT OR THE FUTURE No one can predict the future. But here is why those buying new long-term care insurance protection are very unlikely to experience the kind of rate increases you read about.
There are new protections in place - regulations designed to protect consumers.
New policies don't offer the options that caused the need to raise rates on older policies.
Interest rates are pretty much at rock bottom, and unlikely to go lower.
Explanation to follow here
READ HOW REAL PEOPLE SAVED OR GOT BETTER COVERAGE BY WORKING WITH A LONG-TERM CARE INSURANCE SPECIALIST
This website has a page where we share real stories of the ways real people benefited by working with a long-term care insurance specialist. They saved money ... they got better coverage. You can too. To learn how you can save ... or get better benefits call the Association at 818-597-3227 or Click here to read REAL STORIES from REAL PEOPLE.
How Newer Protections Impact Long-Term Care Insurance Rates
A REASON TO WORK WITH A LONG-TERM CARE INSURANCE SPECIALIST
Some insurance agents only are appointed to sell policies from one company. A good long term care insurance specialist will be appointed with 4 to 6 (or more) insurers. They'll work to find you the best coverage for the best cost.
Click here to have an Association Designated Specialist compare costs for you from leading insurers. There's NO cost and No obligation.
Do You Expect Interest Rates Can Get Any Lower?
This Could Happen, But It's Really Very Unlikely