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New York Long Term Care Insurance Policy (also CT & NJ)
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There are six primary factors influencing the premium for long term care insurance policies:
Type of Policy: Facility, Home Health Care, or Comprehensive
Age: The most important element in determining the premium. Naturally the earlier you start paying for long
term care insurance the better.
Daily Benefit: The maximum amount a policy will pay for one day of care. This can vary from $50 per day to over $400 per day. You will
decide whether to purchase sufficient insurance to cover all of these costs or only most of them.
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Benefit Limit: The number of years that a plan will pay a benefit from the time you get sick. Benefit limits generally vary from one year to
lifetime coverage. The longer the benefit limit, the greater the protection but the higher the cost.
Inflation Protection: Sometimes called an "inflation rider", this provides you with a way for your daily benefits to increase over time.
Otherwise, the policy may not be sufficient to protect you many years from now. Long term care insurance policies normally contain riders
offering automatic daily benefit increases of 5 percent each year, either at "simple" or "compounded" rates.
Elimination Period: Amount of time that you agree to pay out of your own pocket before the plan (policy) begins to pay. This period normally
varies from 0 to 100 days. The 100-day elimination period will produce the smallest premium cost to you.
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Click on the link below to fill out a quote request form for a long term care insurance policy that will provide excellent long term care insurance
coverage at an affordable cost. Or you can speak with our Long Term Care Insurance agent specialist toll free at 1-800-498-1819 to discuss
the insurance policy features in more detail.
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We offer reliable, experienced, and affordable New York long term care insurance policy services to the following New York counties and cities: Westchester County,
Putnam County, Orange County, Rockland County, Somers, Port Chester, Harrison, Mamaroneck, Larchmont, New Rochelle, Yonkers, White Plains, Rye Brook,
Scarsdale, Rye, Ardsley, Hartsdale, Bronxville, Mt. Vernon, Mount Vernon, Irvington, Valhalla, Elmsford, Dobbs Ferry, Hastings on Hudson, Greenburgh, Tarrytown, Sleepy
Hollow, Hawthorne, Scarborough, Thornwood, Briarcliff Manor, Ossining, Harmon, Montrose, Crugers, Buchanan, Peekskill, Millwood, Pleasantville, Armonk, Chappaqua,
North Castle, Mt. Kisco, Bedford, Pound Ridge, Bedford Hills, Cross River, South Salem, Yorktown Heights, Goldens Bridge, Amawalk, Yorktown, Katonah, Salem Center,
North Salem, Croton Falls, Jefferson Valley, Shrub Oak, Palisades, Sparkill, Tappan, Orangeburg, Pearl River, West Nyack, New City, Nanuet, Chestnut Ridge,
Montebello, Suffern, Monsey, Spring Valley, Congers, Nyack, Rockland Lake, Wesley Hills, New Hempstead, Pomona, Sloatsburg, Ramapo, Hilburn, Willow Grove, Mt. Ivy,
Thiells, Tomkins Cove, Ladentown, Haverstraw, Stony Point, Tomkins Cove, West Haverstraw, Bear Mountain, Jones Point, Newburgh, Middletown, Brewster, New York
City, and Poughkeepsie, NY. We also offer long term care insurance coverage services for residents of CT and NJ.
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Long Term Care Insurance (Nursing Care)
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There are three levels of nursing care that are covered by a long term care insurance policy:
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Custodial care: Care necessary due to a permanent or chronic illness or injury, which is less intensive, but which may continue indefinitely.
This nursing care helps a person perform activities of daily living or supervises a person if cognitive impairment exists. Many custodial care
situations start with a mild degree of illness which is followed by slow deterioration. Alzheimer's disease is one example where custodial care
is usually needed. Other types of insurance policies do not offer custodial care benefits. The value of long term care insurance for you or a
family member and protecting a lifetime of created assets is never more evident than in custodial care nursing services.
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Intermediate care: Rehabilitative care by a nurse for up to six months and when less than 24-hours per day supervision is needed.
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Skilled care: Short term nursing care needed after an illness or serious injury. Consists of rehabilitative and intensive 24 hours per day care.
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More Information on New York, CT,
and NJ Long Term Care Insurance
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"Your Local Westchester County, New York Long Term Care Insurance Agent Specialist!"
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Copyright 2004-2020 Direct Access Group Benefits, Inc. - All rights reserved
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Website by InsuranceWebsiteServices.com
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DIRECT
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ACCESS
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GROUP
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BENEFITS,
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INC.
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Employee Benefits Specialists
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Call Us 1-800-498-1819
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With more than 20 years of offering affordable group insurance services to both large
employers and small business throughout New York, Connecticut, and New Jersey.
We're an independent insurance agency and therefore able to consistently offer cost
effective life insurance coverage which is driven by a total commitment to service.
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