Long Term Care Insurance Option For Seniors Between 75 and 79 Explained

Los Angeles, CA – Aug 5, 2015 – Finding long term care insurance coverage after age 70 is difficult as leading insurers scrutinize health and most stop issuing new policies after age 75.  A new video posted by a trade group explains an option worth considering.

“Our phone rings regularly with seniors in their 70s or their adult children who are looking for long term care insurance,” explains Jesse Slome, director of the American Association for Long-Term Care Insurance (AALTCI).  “Unfortunately for those over age 75 we have to deliver some bad news. ”

According to Slome, an option does exist for individuals who are age 79 or younger than can be a viable option.   “There are several insurance companies that offer what I refer to as short term care insurance because it provides coverage for up to one year,” Slome shares.  “That’s better than no coverage and indeed almost half (49%) of all long term care insurance claims end within one year, so it might just be enough coverage.”

The organization head explains they do not recommend any particular insurance company.  “Our role is to educate both consumers and insurance professionals to available options,” Slome notes.  “This is just such a viable option well worth considering when you understand the importance of having some long term care protection in place.”

The organization has created a four-minute video that provides an overview.  It can be seen at https://youtu.be/YqAGWt_kDDE

The American Association for Long Term Care Insurance works to create heightened awareness among both consumers and insurance professionals.     To learn more or to locate a knowledgeable insurance specialist call 818-597-3227 or visit the organization’s website at www.aaltci.org.

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