An early September 2015 Long Term Care Insurance deadline may affect women unfairly, as the nation’s leading long-term care insurance issuer changes pricing methodology in California, effectively charging higher rates for females. The old system had used unisex rates.
It should be noted that properly completed long-term care insurance applications submitted during the week of September 8th 2015, if approved by medical underwriters, will be grandfathered into the old pricing system.
Existing policyholders will not be affected by the change, but for Californians contemplating the purchase of long-term care insurance, now may be the time to make a decision whether or not to buy this family protection.
To be referred to an agent who could help you, complete the following form by September 8th or share this post with a friend who may interested.