Understanding Long Term Care Policy Design
How are Insurance Companies Rated?
A Look inside Group Policies
Buying from a Long-Term Care Specialist versus a Financial Planner
Is it Better to buy LTC insurance from a Local Agent?
Can I buy Long-Term Care "Direct" and save money?
What happens if I have to make a claim
Can I buy Long-Term Care "Direct" and save money?
For most items we purchase this is generally true - except with insurance!
Many Insurance Quote Services and others like to advertise that you are "buying direct" and "cutting out the agent". The truth is, you aren’t saving a dime! Any entity that offers insurance must be licensed as an agent/agency by the State in order to offer insurance. The only thing you ‘cut out’ is knowledgeable input and personalized service. Why do we say this?
- No agent or agency can offer you a "special price". Prices are submitted to the individual State Departments of Insurance for approval. A "Captive agent" (one who works exclusively for one insurance company) cannot offer you a lower price for the same LTC Insurance policy than any other "General agent" (licensed to sell insurance and represents any number of companies). We are General agents.
- No matter the number of agents or entities involved in your purchase, you don’t pay more.
Focus on the Bottom Line; what is the policy going to cost you compared to another company with similar benefits and features.
