It seems like more companies are offering long-term care (LTC) insurance than ever...
That's why it is so important to work with a company that has a longstanding reputation for financial strength and stability. Here is one of the best reasons to choose Genworth: they have been writing LTC policies longer than any other insurance company. Genworth is also number one in "in-force" individual LTC insurance policies, number one in total policyholders and and number one in claims paid for individual long term care insurance. Over the past 35 years, they have helped more than one million people get the LTC coverage they need.
Crosspointe Insurance Advisors has the expertise and market knowledge to give you the most competitive quotes for long term care insurance. Our agents maintain a thorough understanding of Genworth's LTC policies. As you begin your search for a LTC insurance policy, we can help you develop an intelligent plan that protects your family's financial future.
Why Buy Long-term Care Insurance?
It may be tempting to put off the purchase of long term care insurance until tomorrow, but for every day you wait, the cost of healthcare continue to rise. The best prices for LTC coverage are available when you are too young to think you need it. Many people wait until they are older and in poor health, and miss the chance of getting LTC insurance altogether.
With long-term care insurance, the amount you pay is based on your age and health, plus a number of other factors. As long term care costs continue to rise, so does the cost of insurance. This means that the longer you wait, the more you will pay. You also run the risk of becoming unable to purchase insurance. Being proactive now can make all the difference in the type of plan you can afford, and it will enable you to maintain your health without losing your financial security or independence.
What is covered by Long-term Care (LTC) Insurance and how much will it cost?
Generally, a long term care insurance policy will cover home health aides, skilled nursing care, assisted living and nursing homes.
The cost of LTC insurance is determined by several factors:
- The amount of insurance you need
- The length of time you will need the insurance
- Your age when you purchase the policy
- How much are your policy will cover per day
- How long you are willing to pay for care yourself before insurance benefits begin
Does Genworth offer the Long-term Care (LTC) Partnership Plans in my state?
Genworth is one of the select companies with the ability to offer the Partnership plans. A partnership plan is a Long term Care insurance plan that has a contract with the state that the policy is issued. This partnership allows for numerous benefits that will protect you and your family's assets in the event of necessary Long Term Care stay.
Working with Crosspointe Insurance Advisors will allow you to compare an LTC insurance quote from Genworth with quotes from other LTC insurance providers, and get unbiased answers to your questions. Contact us to find out more about Genworth's long term care insurance policies and request a free quote today.