Long-Term Care Insurance

Find a Long-Term Care Insurance Expert for a Policy Quote

Find a Long-Term Care Insurance Expert for a Policy Quote

Long-term care insurance is one of the most effective ways to protect your financial well-being when you or a loved one needs care. Policies can be customized to meet a variety of care needs. And, because monthly premiums are known in advance, they can be built into a budget. Purchasing your plan early (and making sure that you understand the policy’s terms) helps you be prepared: The need for long-term care often arises when you least expect it.

This is not a practical option for those who require immediate care: insurance companies typically won’t accept elderly applicants in need of care. Even in situations where they do, premiums would be extremely expensive.

When to Buy a Long-Term Care Insurance Policy

Assuming that you’re still healthy and eligible for coverage, the ideal age to start shopping for a policy is between 60 and 65. This helps to make your policy purchase as cost-effective as possible.

  • Buying long-term care insurance can be overwhelming: There are big decisions to make and lots of fine print legalese to understand.
  • It’s in your best interest to talk with a financial adviser before purchasing a policy to make sure you understand its terms - and that its terms are tailored for your needs.

Don’t Make Costly Mistakes

Millions of financially responsible Americans have purchased a long-term care insurance policy at some point in their lives, and many have faithfully paid premiums on it for decades. Policyholders assume that when the time comes to finally activate the policy, their needs will be met. But filing a claim is far from straightforward. 


It’s very easy to make mistakes during the claims process that can delay payments – and ultimately your loved one’s access to needed care.

If you’re attempting to file a claim on your own, it’s important to understand the risks involved. It’s also important to know that the insurance company will not have your best interests in mind. Their adjusters are specifically trained to scrutinize every claim filed for opportunities to delay or deny benefits. They’re notorious for using various delay tactics, since it’s in their best interest to drag the claims process out as long as possible.

Navigating Claims Takes Time

Navigating the claims process takes an extraordinary amount of time, attention to detail, and patience during a time that is generally already very stressful for families. It can be a grueling process to collect medical records, especially with extended hold times and endless paperwork.

When it comes to filing claims, families often leave thousands of dollars on the table by not realizing that they may be eligible for:

  • Satisfying the elimination period → Average Value: $10,000-$20,000
  • Reimbursement for previous care → Average Value: $1,000-$30,000
  • Refund of paid premiums → Average Value: $1,000-$3,000

Policy claims are denied for two primary reasons:

  • Failure to meet the policy’s terms and requirements
  • Failure to submit proper documentation

There are endless ways that either of these reasons could apply to any policy.

If you’re preparing to file a claim or if you want an expert to evaluate whether you may qualify for additional funds from your long-term care insurance carrier, get a free policy review at https://familysolutionsforcare.com/

Learn the most common mistakes that families make during the claims process

Find a Reliable Agent

If your loved one or parent has a long-term care insurance policy, it can be an excellent resource in helping to cover the expenses of their care. However, the benefits depend entirely on the policy, and trying to understand the policy – along with how the claims process works – can seem overwhelming during an already stressful time. There are few resources to turn to if you need help, and you can’t always assume that the insurance company is on your side: After all, adjusters are trained to keep their company’s best interests in mind – not yours.


Successfully filing a long-term care insurance claim requires extensive amounts of time and attention to detail, and claims must be filed every single month.


Your first step should be reading and understanding your loved one’s policy before filing a claim. Incomplete documentation can delay the claims process or even result in a denial of your claim.


If you’re struggling to understand your policy, take a deep breath: there are specialists who can help.

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