I get a lot of questions about long-term care insurance underwriting from advisors every day. During these conversations, we often discuss a perception that LTC Underwriting is much stricter than it used to be, and carriers continue to tighten the standards to the point of where only the super preferred healthiest people can get coverage.
Is that story the reality? Or have carriers recently adjusted standards to make getting a LTC policy a little bit easier? The answer, of course, is "it depends" - but if you haven't looked at LTC underwriting in a while it might be time to take a second look.Read More