Tuesday, April 24, 2012

Genworth's Newest Long-Term Care Insurance Product - Priveleged Choice Flex

Privileged Choice® Flex is Genworth's newest product,  it gives you more flexibility to customize a plan to fit your needs, wants and budget and provides exclusive support services available now and in the future, plus a new guarantee on shared coverage. One of the main new features and benefits to this newer product is it offers.

Enhanced Shared Coverage - this provide a 50% minimum guarantee for the second partner should the first partner exhaust all the policies benefits. For example, if you have a 6 year shared policies and your husband uses all of the 6 years of care, on a most previous policies you would be left with no benefits. But with the PC Flex, you would have a minimum of 3 years for yourself.

There are several other features added to this new product that gives you more flexibility. To learn more visit www.ltcinsurancethatmatters.com.

Monday, April 16, 2012

Why Choose Genworth Insurance Company for your Long-Term Care Insurance Carrier?

Choosing a long-term care insurance company is an important decision and can be a tough one to make. You definately want to make sure that you choose a company that is reputale and has a wide range of flexible and comprehensive LTC insurance products. Genworth does just that!

Genworth has sold long-term care insurance policies for over 35 years and they insure more than 1 million people! They are a leader in the long-term care insurance industry!

  • They have paid more than $6.7 billion in LTC insurance claims
  • They are #1 in individual long-term care insurance policies in-force
  • They are #1 in individual long-term care insurance total policyholders
  • They offer a cost of care map nationwide
  • They offer several different products to meet individual needs
  • They are competitively prices
Genworth does stand above the rest and they have the history to prove it!

To learn more about Genworth long-term care insurance visit www.ltcinsurancethatmatters.com.

The facts came from the Genworth PC Flex Brochure.

Monday, April 9, 2012

Genworth 2012 Cost of Care Study for Long-Term Care Services

The new 2012 Genworth Cost of Care Survey by CareScout is now available. This will be Genworth's ninth year they have conducted a study nationwide of the cost of long-term care services. Some of the key findings in this study are:

  • Nursing Home, Semi-Private: Average cost nationally is $200 daily - with a 3.63% increase since 2011.
  • Nursing Home, Private: Average cost nationally is $222 daily - with a 4.23% increase since 2011.
  • Assisted Living Facility, One Bedroom: Average cost nationally is $3,300 monthly - with an 1.19% increase increase since 2011.
  • Adult Day Care: Average cost on a national basis is $61 a day - 1.67% increase since 2011.
  • Home Maker Services: Average cost on a national basis is $18 an hour - 0% increase since 2011.
  • Home Health Aide: Average cost nationally is $19 an hour - 0% increase since 2011.
According to the report, the cost of facility based care has steadily increased over the past 5 years, with about a 4.28% compound annual growth. However, the cost of care for home health care services has remained relatively the same over the past 5 years.

All of this information came from the 2012 Genworth Cost of Care Survey, to learn more and to see average cost of care in your city and state visit http://www.genworth.com/content/non_navigable/corporate/about_genworth/industry_expertise/cost_of_care.html

To request quotes and Genworth product information visit http://www.ltcinsurancethatmatters.com/long-term-care-insurance-inquiry.htm.

Tuesday, April 3, 2012

Personal Questions to Make you Start Thinking about if you need Long-Term Care Insurance

Long-term care insurance often can be a very difficult subject to hear about, read about or to discuss due to the fact that most of us don't want to think about ever needing it. But the truth is, is that there is a very good chance that a majority of us will need it one day, and really long-term care insurance is all about providing financial security and having the freedom of choice to decide where we want to receive our care. Some personal questions that might help you in deciding whether you might want to think about protecting your financial future and having the choice to decide where you want to receive care are listed here:

Have you had a personal experience with a family member?
-Have you ever had a personal experience with a family member who needed long-term care insurance?
-If so, where was the care provided?
-How was your family impacted physically and emotionally?
-How was the cost of the long-term care services handled?

How would you handle this if it were to happen to you?
-Have you thought about the impact to your assets and family members if you were to need long-term care one day?
-Where would you want to receive care? Most likely your home?
-Could you afford the cost of long-term care services?
-Would you family be involved in being a caregiver or to help out financially?

These are some questions that will probably get you thinking. If you would like to receive some pricing or learn more about long-term care insurance visit http://www.ltcinsurancethatmatters.com/long-term-care-insurance-inquiry.htm.