![]() ![]() The company sells long-term care insurance coverage exclusively as a stand-alone product. Mutual of Omaha offers stackable discounts, with premium discounts applied to the total premium amount and additional discounts applied to the remainder. The company awards 15% off to partners who purchase the same policy, 15% for being in good health and 5% for married customers (and whose partners aren’t under the same policy). Why we chose it: Mutual of Omaha made it to our top picks for its discount program. Couples discount is only available if married or if living together for 3 years.Lastly, policyholders can use their benefits to pay for care from informal caretakers, such as family members. After the elimination period, CareMatters also pays the first three months' LTC benefit retroactively along with the first benefit payment. For one, under its CareMatters program, you’re not required to submit receipts and bills monthly in order to receive your benefits. Nationwide policies have some pretty convenient perks. Care Matters, a hybrid policy that includes both life insurance and LTC benefits.LTC as an add-on (or rider) to another policy.Nationwide sells universal life insurance policies with two long-term care options: Additionally, the National Association of Insurance Commissioners (NAIC), a regulatory organization, reports a low complaint index from Nationwide compared to other insurance companies in the market. Nationwide is one of the largest insurers in the United States, and was ranked among the best for customer satisfaction in J.D. As a well-known national insurer, Nationwide’s reputation adds an extra layer of assurance for customers looking to invest in financially secure products. Why we chose it: Nationwide ranks among the best insurers for customer satisfaction for its low NAIC complaint index and high rank in customer satisfaction surveys. LTC rider isn't available in Montana or U.S.Northwestern Mutual: Runner-up for Financial Stability.New York Life: Best for Financial Stability.GoldenCare Insurance: Best for Comparing Multiple Providers.Nationwide: Best for Customer Satisfaction.Our Top Picks for the Best Long-Term Care Insurance Companies If you’re considering this type of insurance policy, our picks for the best long-term care insurance can help you get started. The best long-term insurance will include multiple types of coverage, a variety of features and discounts. This includes assistance with everyday activities or specialized care related to Alzheimer’s disease, Parkinson’s and dementia. ![]() According to government statistics, the majority of people over the age of 65 will require some form of ongoing care and support later in life, and the cost of such services can add up fast.Ī long-term care policy can help cover expenses associated with your care as you get older. Securing the best long-term care insurance is a fundamental part of future healthcare planning. Average premiums round out at $200 a month, but there are options for $100/month available.Find the plan that's best suited to your needs.Receive quotes from an ample selection of insurers. ![]()
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