An initial review for an existing long-term care insurance policy or proposal performed by Life Insurance Advisors, Inc., Fee-Only Insurance Consultants, provides an inexpensive and objective first or second opinion about your current long-term care insurance coverage.

The initial review is a very affordable, efficient means of determining whether the policy you own offers quality coverage at a competitive price or whether you could likely do better with a different company and/or policy, or with different policy features/riders on your existing policy. We can also help determine whether you might qualify for additional coverage, if you want it, and, if so, whether it should be with the same company and contractual features as your existing policy.

An initial review for an existing long-term care insurance policy is based on information and answers that the client provides in a questionnaire. In addition to obtaining basic information about the insured, the questionnaire asks about the policy proposal (including a copy of the existing policy and any available projections for its performance), and the purpose of the policy sufficient for us to provide an objective opinion (“objective” because we do not sell insurance) about the best alternatives to pursue.

We are pleased to offer this independent and objective service – and to do so for a bargain rate that makes it affordable for large numbers of individual consumers.

When you fill out the questionnaire, submit it, and pay the fee of $100 with a credit card, we will respond with our written review of the steps you should follow in seeking what will most likely provide the best long-term care insurance value. The fee is slightly more expensive than for basic life insurance reviews because of the many variations in contractual provisions and riders on long-term care insurance policies relating to waiting periods, inflation protection before and after any long-term care claim, methods of benefit payouts or reimbursements, extent of coverage for different types of care, shared benefits between spouses, limited pay options, and so forth.