An initial review for a new 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 such a policy that you may be considering.

The initial review is a very affordable, efficient means of determining whether the policy under consideration, or that which has been proposed, 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.

If no specific policy is already under consideration, we will identify the criteria to use in choosing a policy that will most likely offer the best value, based on the client’s situation and objectives, and fully explain how we can help in this regard.

An initial review for a new 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 (if any so far, including any available policy illustration), 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.