Low Cost Long Term Care Insurance
National Guardian Life (NGL) is now offering low cost long term care insurance. NGL is offering a new long term care product with premiums up to 50% lower than other LTC companies.
Who should buy long term care insurance?
Long term care insurance provides services and benefits not covered by Medicare. Unlike traditional health insurance long term care plans are designed to cover long term services and supports. These typically include personal and custodial care. Care can be give at home, a community organization or other facility.
Long-term care insurance policies reimburse policyholders a daily amount (up to a pre-selected limit) for services to assist them with activities of daily living such as bathing, dressing, or eating. You can select a range of care options and benefits that allow you to get the services you need, where you need them.
The NGL Essential plan offers a lifetime benefit.
This benefit provides you with the comfort of knowing you are covered for life with no max benefit period. Joint pricing offers a lower rate for couples applying together. Step rated cost of living adjustment means that you will start with the lowest offered rate. The reverse combo feature combines return of premium with or without a claims offset. An optional surrender rider protects the premium you’ve already paid in to the policy. In addition, if you never use the policy, your beneficiary will receive up to 80% of the amount you paid into the policy. This mimics a life combo policy.
Crowe and Associates is a full service insurance brokerage. We are also Medicare specialists. Click here for a free confidential Medicare quote. If you have questions regarding either medical or long term care insurance, please contact us for an appointment. There is no fee for our services. You can reach us either via phone at 203-796-5403 Or, you can email us at admin@CroweAndAssociates.com.