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Follow on Google News | Long Term Care Insurance Association Shares Money Saving StrategiesReal examples of ways individuals reduced the cost of long term care insurance and obtained superior benefits have been published by the American Association for Long Term Care Insurance.
“More Americans are investigating long-term care insurance for the first time and mistakenly think all plans, options and prices are pretty standardized," As part of the organization's consumer awareness and education efforts, the Association has added real examples of ways people reduced the cost of their coverage or secured better benefits suited to their particular situation and budget. "Our goal is to give people real examples that they may relate to," Slome adds. "By reading the explanations a consumer can learn what to look for and what questions to ask." The Association plans to add one new real example each week. Many of the examples are provided by long term care insurance specialists. "If you have heart issues you want to consult a cardiologist who specializes," The initial situations examine situations where an individual wanted her daughter to provide care. "Two policies appeared to both offer this option but one limited the benefit that would be paid to unlicensed family members," Slome reports. "Unless you read the insurance policy small print, you'd never know this until you actually file a claim years from now." To read the real examples visit the Association's website at http://www.aaltci.org/ End
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