Can I Health Qualify For Long Term Care Insurance?
How To Learn If It Makes Sense To Apply For Long Term Care Insurance
Long term care insurance requires health underwriting to qualify for coverage. Unfortunately, there are pre-existing conditions that can make it impossible for you to get coverage.
Do Not Apply For Long Term Care Insurance If You Need Assistance With The Six Activities Of Daily Living
If you already need assistance with any of the six activities of daily living including bathing, feeding, dressing, transferring (moving in and out of a chair or bed), toileting or continence, it will not make sense for you to apply for long term care insurance.
Do Not Apply For Long Term Care Insurance If You Are Utilizing Long Term Care Services
If you already need home health care, adult day care, or care in an assisted living or skilled nursing facility (nursing home), it will not make sense for you to apply for long term care insurance.
Do Not Apply For Long Term Care Insurance If You Have Been Diagnosed With The Following Uninsurable Conditions
- AIDs or HIV infection
- Alzheimer's Disease
- Amyotrophic Lateral Sclerosis (ALS)
- Cystic Fibrosis
- Dementia
- Hemophilia (other than Von Willebrand disease)
- Active Hepatitis C, Non-A, Non-B, or Autoimmune
- Kidney Failure
- Liver Cirrhosis
- Memory Loss
- Mid - Advanced Multiple Sclerosis
- Muscular Dystrophy
- Paralysis
- Parkinson's Disease
- Post-Polio Syndrome
- Schizophrenia
- Sickle Cell Anemia
- Systemic Lupus Erythematosus
If you do not health qualify for long term care insurance, then it's important to consider strategies for protecting and preserving your retirement assets.
You May Apply For Long Term Care Insurance If You Have Been Diagnosed With Some Serious Health Conditions
- Smoking
- Diabetes
- Cancer
- Heart Attack
- Stroke
- Atrial Fibrillation
- Depression
- Anxiety
- Fibromyalgia
If you have one of these health conditions, then you might be able to apply for long term care insurance. In some cases, you must satisfy a waiting period upon the successful treatment for your condition. Insurance companies have different underwriting guidelines, so some conditions may be insurable with one carrier and uninsurable with another. This is one of the reasons why it's so important to work with an independent long term care specialist that represents more than one long term care insurance company.
How Much Money Can You Save On Long Term Care Insurance?
Find out what discounts you can apply for and how much money you can save with a FREE no-obligation long term care insurance quote from the nation's top-rated long term care insurance companies.
