3 in 4 over age 65 will need long term care? How will you pay for it?

Long Term Care Insurance Association Membership Discounts

How To Save 5% On Long Term Care Insurance With Association Membership Discounts

Many professional associations provide a long term care insurance program for their members. Many of these programs offer a long term care insurance discount of 5% that can save you thousands of dollars over the life of your policy. Buying long term care insurance with your membership discount may be a good way to save on long term care insurance. Never the less, you still need to weigh out all of your options even with a significant discount staring you in the face.

Some association programs provide only one endorsed carrier for long term care insurance. With only one carrier to choose from, your long term care insurance options will be limited and you may miss out on important benefits that other long term care insurance companies might offer. For example, some associations select Genworth as their preferred long term care insurance partner. Genworth has an excellent long term care plan, but they don't offer long term care insurance shared care benefits - a feature that may be important to you if you are married or have a domestic partner. As a result, programs from Prudential, United of Omaha, and MedAmerica that do provide shared care benefits may be a better alternative.

Taking advantage of an associations endorsed long term care insurance program is an excellent way to save money on long term care insurance. Just remember to compare your association's long term care program(s) with others so you don't miss out on valuable long term care insurance benefit or pay too much for your coverage.

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.

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