A worksheet is a great tool that people in Washington State can get for free from the Statewide Health Insurance Benefits Advisors office. This worksheet is made to help people in the state of Washington who are thinking about buying long-term care insurance. The worksheet tells them what they should look into when comparing rates from different companies.
It can be hard to get quotes from insurance agents over the phone. Most insurance agents know that long-term care insurance is a sensitive subject and are willing to help. They'll need some information to help them figure out how much the required coverage will cost. Some of the information that is usually asked for is:
- How old the person is who wants to buy long-term care insurance. Most of the time, the younger you are, the less your premiums will be.
- How healthy the insured person is. If a person has had serious health problems in the past, this will have a direct effect on how much long term care insurance will cost.
What kind of coverage you need. This can be difficult to understand, but most agents will take the time to explain the different coverage options.
The most coverage that can be given. Many companies that sell long-term care insurance have an annual or lifetime limit on how much they will pay out. When deciding which company is best, this information is important.
Once a person has one quote, it's easy to get more quotes from other companies. It is important to ask each insurance company for a quote on the same level and type of coverage. Also, it's a good idea to find out how long the company has been serving the area. With all this information, anyone can choose the long-term care insurance company that will best meet their needs in the future.
