Author: isiahbardon22
Higher Long-Term Care Insurance Couples Discount Ending Reports AALTCI
As an inducement for couples to both purchase long-term care insurance, discounts of up to 30 percent have been available. “Leading insurers offer significant discounts for married couples or partners,” explains Jesse Slome, director of the American Association for Long-Term Care Insurance (AALTCI). “The discount can reduce the premium cost by as much as 30 percent when both spouses apply. When only one spouse is insured the discount will still yield a 15 percent savings.” According to AALTCI, the spousal or partner discount is being reduced or disappearing. “As insurers file new policies for state approval, the new discount is ... Read more