Apply now for the best long term care insurance premiums.
While many prefer to put off decisions concerning long term care insurance, premiums are likely to be lower when you apply sooner rather than later. Long term care insurance premiums are determined in large part by your age and your health. Buying insurance when you are young and healthy will most likely result in the best long term care insurance premiums.
In addition to saving on premiums, there is another good reason to buy long term care insurance at an early age. More than 40 percent of people who need long term care are under age 65.* If you or a loved one suffer an illness or an accident that require you to need long term care sooner than expected, your long term care insurance will help cover the cost.
For help with choosing the right insurance and finding the best long term care insurance premiums for your budget, turn to the insurance professionals at John Hancock.
Learn more about long term care insurance premiums and John Hancock now
John Hancock – find the right long term care insurance premiums for you.
As one of the nation’s leading long term care insurance companies, John Hancock can help you find the right plan for you and the best long term care insurance premiums for your budget and your overall financial plan. John Hancock premiums cover the cost of insurance that will pay for skilled and custodial longterm care in settings from the home or community health centers to nursing or assisted living facilities. Your John Hancock insurance premiums not only provide you with leading long term care coverage, but confidence of knowing that you’ll be minimizing the financial exposure, that you’ll have the ability to pay for care when and where you need it, and that you will avoid being a burden on your loved ones.
The factors affecting insurance premiums for long term care
Several considerations affect the amount of coverage you may want to purchase and the cost of your long term care insurance premiums.
- Where will you receive care? Cost of care varies by state – knowing where you may end up can help you choose the amount of coverage and affect your premiums.
- Your age and health.
- How long do you want to be covered? The average length of time that people receive long term care is three years**, but you may want to plan for more or less coverage based on your health history.
Learn more now about long term care insurance premiums as well as long term care providers, a long term care insurance comparison
* Georgetown University Long-Term Care Financing Project, “Long-Term Care Financing Policy Options for the Future,” June 2007.
** Center for Retirement Research at Boston College, “How Can We Improve Long-Term Care Financing,” June 2008.
