This data can be a great starting point for someone looking into long term care insurance who may be confused about what plan is right for them
Portland, Oregon (PRWEB) February 23, 2016
Nathan Sanow, Executive Director and co-founder of LTC Consumer (https://www.ltcconsumer.com), is proud to announce the release of an improved infographic on the Buying Trends for Long Term Care Insurance.
The infographic http://ltcconsumer.com/buying-trends-2016-edition/ is based on data from more than 1,200 applicants for long term care insurance submitted by LTC Consumer Specialists from January 2015 to December 2015. The infographic illustrates average plan designs (benefit period, maximum monthly benefit, elimination period), demographics (gender, age ranges, marital status) as well as a new section on long term care insurance offers (approval rates, good health discounts).
“This data can be a great starting point for someone looking into long term care insurance who may be confused about what plan is right for them,” notes Sanow. “It can give a great baseline on what other people are doing to plan for long term care. For example, it can be helpful to know that 57% of people who apply through our LTC Consumer Specialists pick a 3 year benefit period.”
Consumers can access LTC Consumer’s Long Term Care Insurance 2016 version of the Buying Trend Infographic as well as other free guides under the Resources area at LTCconsumer.com.
LTC Consumer is an independent free online service for information on long term care insurance, whose website offers education on what long term care insurance is, when to buy it, and how much it costs – all without having to speak to a commissioned sales agent. Users can choose to be put into contact with a professionally licensed LTC Consumer specialist who can answer questions, help them with the process of evaluating specific policy features and carriers, and assist them in completing an application.