My parents are about to retire and my sister and I were doing some financial planning with them over the weekend. The topic of long term care came up because my grandmother needed long term care services for 6 yrs before she passed and cost the family over $300,000. My Mom mentioned a type of insurance called long term care insurance which pays for of coarse nursing home care but also assisted living and home health care. I did some searching/digging on the web and found a really helpful site www.longtermcareinsurancetree.com. (LTCtree) This company is a long term care insurance brokerage company and work with pretty much all the main companies. After filling out a simple form they mailed us out a side by side comparison of the top 5 companies in the industry which really helped organize a potentially complicated process.
I took this info to my parents and they really were excited that they were not going to have to meet with an insurance sales person, but rather just talk to them over the phone and email. After a few conversation the person at LTCtree helped my parents apply with John Hancock which is one of the best long term care insurance companies on the market. I’d highly recommend using LTCtree because they made the whole buying process pretty painless.