Long-term Care
Long-term care insurance can be purchased under group or individual policies.
Individual LTC
These policies are purchased by individuals and some times by employers for selected individuals. Benefits under individual policies are generally broader and can be customized compared to group policies. Acceptance under individual policies is subject to medical underwriting. Acceptance is not guaranteed.
Group LTC
These policies are sponsored by employers. Premiums may be paid by the employer, the employees or most commonly shared by both with the employer paying for basic benefits; and employees who so elect paying for benefit enhancements. True group policies do not require any medical history or qualifications to obtain at least the basic coverage.
If you would like a quote please fill in the quote request form.
