Trending...
- California: Governor Newsom proclaims Independence Day 2025
- Transgender Visual Artist Debuts New Work
- Southern Soul Artist Moe Z Releases New Single 'Set It Out' Distributed by Morris Day Entertainment
LOS ANGELES - Californer -- New information will educate individuals age 75 or older who are considering long-term care insurance. theAmerican Association for Long-Term Care Insurance will assist consumers seeking information and comparisons of leading linked-benefit long-term care insurance.
"We regularly hear from individuals over age 75 or adult children with parents that age," explains Jesse Slome, American Association for Long-Term Care Insurance director. "Obtaining long-term care insurance at that age is difficult but not impossible."
To provide meaningful and current information to consumers, the Association has created an online resource focused specifically on information for those who are age 75 or older. "We want to give a good overview of the topic including the most important information which is cost and required health qualifications," Slome notes.
The Association reports that a male age 75 could expect to pay $6,700 a year for $257,000 of available long-term care benefits at age 90. "The cost for a female applicant at that age will be significantly higher," Slome notes. "Women are far more likely to need long-term care and account for about two thirds of all claims being paid."
More on The Californer
In addition to reporting costs for traditional long-term care insurance, the Association reports costs for linked-benefit long-term care.
"Cost is obviously one factor people are most interested in but health issues are actually vitally important," Slome stresses. "It can be exceeding difficult to health qualify for long-term care insurance because by age 75, people generally have many health issues."
The new information describes common health conditions that will prevent one from qualifying for coverage. Consumers can actually open PDFs of the Underwriting Guides for two of the nation's leading traditional and linked benefit policies.
The American Association for Long-Term Care Insurance (AALTCI) advocates for the importance of long-term care planning and supports insurance professionals who market both traditional and linked-benefit LTC solutions. To access long-term care insurance information at age 75, go to https://www.aaltci.org/long-term-care-age-75/.
To learn more about long-term care insurance solutions call the organization at 818-597-3227 or visit their website https://www.aaltci.org.
"We regularly hear from individuals over age 75 or adult children with parents that age," explains Jesse Slome, American Association for Long-Term Care Insurance director. "Obtaining long-term care insurance at that age is difficult but not impossible."
To provide meaningful and current information to consumers, the Association has created an online resource focused specifically on information for those who are age 75 or older. "We want to give a good overview of the topic including the most important information which is cost and required health qualifications," Slome notes.
The Association reports that a male age 75 could expect to pay $6,700 a year for $257,000 of available long-term care benefits at age 90. "The cost for a female applicant at that age will be significantly higher," Slome notes. "Women are far more likely to need long-term care and account for about two thirds of all claims being paid."
More on The Californer
- Long Beach: Health Department Announces Certification of 32 Community Violence Intervention Workers
- Easton & Easton, LLP Files Suit Against The Dwelling Place Anaheim & Vineyard USA Over Abuse Allegations
- AI Visibility: The Key to Beating Google's AI Overviews and Regaining Traffic
- First Partner highlights apprenticeship program helping underrepresented youth break into careers in California's iconic entertainment industry
- Stuck Doing Math or Figuring Out Life's Numbers? Calculator.now Makes It Stupidly Simple
In addition to reporting costs for traditional long-term care insurance, the Association reports costs for linked-benefit long-term care.
"Cost is obviously one factor people are most interested in but health issues are actually vitally important," Slome stresses. "It can be exceeding difficult to health qualify for long-term care insurance because by age 75, people generally have many health issues."
The new information describes common health conditions that will prevent one from qualifying for coverage. Consumers can actually open PDFs of the Underwriting Guides for two of the nation's leading traditional and linked benefit policies.
The American Association for Long-Term Care Insurance (AALTCI) advocates for the importance of long-term care planning and supports insurance professionals who market both traditional and linked-benefit LTC solutions. To access long-term care insurance information at age 75, go to https://www.aaltci.org/long-term-care-age-75/.
To learn more about long-term care insurance solutions call the organization at 818-597-3227 or visit their website https://www.aaltci.org.
Source: AALTCI
Filed Under: Financial
0 Comments
Latest on The Californer
- "Mobile Suit Gundam" Takes Over San Diego Comic-Con 2025
- DivX Empowers Media Enthusiasts with Free Expert Guides for Advanced MP4 Management
- Assent Expands Executive Team to Accelerate Global Growth & Innovation
- The World's Largest Green Economic Revolution Emerges as Nature, Tech, and Finance Converge
- Hamilton Zanze Sponsors the Acquisition of Two Garden-Style Communities in Reno Area
- Meet a Scientologist Captures Greece's Timeless Beauty with Videographer Lambros Malamas
- Vinnetwork Unveils Decentralized AI Platform with Vinnetwork(VIN) Token to Challenge Tech Giants' Data Monopoly
- Moovs Launches Advanced Contact Center Solution for Large-Scale Transportation Operations
- Centennial Flyers to Become Colorado's First Launch Customer for All-Electric B23 Energic Aircraft
- Second Annual Artists' Rights Advocate Award to Be Presented at The Comedy Store on July 17th
- Pyro Marketing Opens New Digital Marketing Company in Saint Petersburg to Power Growth for Fitness and Ecommerce Brands
- Dr. John Salerno of Salerno Wellness Introduces Their New Full Body Capsule for Advanced LED Light Therapy Patient Treatments
- Ship Overseas Inc. Expands Specialized Shipping Services
- Governor Newsom announces additional deployment of California resources to support New Mexico following Texas and Oregon disaster response efforts
- Wise Business Plans® Earns Top Ratings as Leading Authority in Professional Business Plans
- Coming Up On this Week's Podcast "Financial Freedom with Tom Hegna" Kari Ellis
- Voices for Humanity Builds a Better Future for Ghana with Richmond Atta-Williams
- Haunted Doll House at The Gregangelo Museum
- Mystical Insights at the Gregangelo Museum
- Ben Pouladian, CEO of BEP Holdings, to Join ISPE Los Angeles Biomanufacturing Panel