Long Term Care Solutions
Long Term Care Insurance
(360) 647-2280
The premiums for a long term care policy are determined by
· The age of the applicant
· The health of the applicant
· Which insurance company is chosen
· What benefits are selected
When should a long term care plan be purchased?
Therefore, the younger and healthier you are when you apply, the lower your premiums will be. The time to buy it is before you develop health issues that will disqualify you or cause you to have higher premiums.
Age18-49 50-59 60-69 70-79 80+
18-49 50-59 60-69 70-79 80+Declined9.5% 14% 23% 45% 66%
9.5% 14% 23% 45% 66%Percentage of Applicants Declined Coverage:
Age 18-30 30-39 40-49 50-59 60-69 70-79 80+
18-30 30-39 40-49 50-59 60-69 70-79 80+Discount 81% 74% 62% 46% 38% 24% 9%
74% 62% 46% 38% 24% 9%Percentage of Applicants Qualifying for Good Health Discounts:
source: 2010 Sourcebook, American Association for Long Term Care Insurance
(360) 647-2280
