Tennessee Long Term Care Insurance Comparison Shopping
As of this post there is no official guide provided by the state to comparison shop for long-term care in Tennessee.
It’s easy to Comparison Shop for Long Term Care Insurance in Tennessee when you have the right tools and information.
Comparison Shop for Long Term Care Insurance in Tennessee
If you are a Tennessee resident and have information or a personal experience that would be helpful to others buying long-term care insurance in your state, please share it with us:
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Filed under: Tennessee
It has been mistakenly called “nursing home insurance”. Less than 37% of claims on long term care policies are for nursing homes. More than 63% of claims are for home healthcare and community care.
The funny thing about long term care insurance is that the price of a policy can vary a lot from one insurance company to the next. Each long term care policy has a different way of charging premium based upon health history, marital status, choice of benefits, and even state of residence. It pays to shop.
What most people don’t realize is that group long term care insurance policies are usually more expensive and have less benefits (particularly less benefits for home healthcare) than individual policies. It pays to shop and compare all types of insurance, but especially long term care insurance.
Scott A. Olson
http://www.LTCInsuranceShopper.com