GE long term care insurance is one of the top rated policies available. The financial strength of an insurance company is rated under specific guidelines and criteria. One of the rating companies, A. M. Best, gives GE an A+. Standard & Poor's gives an AA rating. Moody's considers GE to be an Aa2. While each one has slightly different criteria, the overall rating shows excellent financial integrity.

GE (General Electric) is a company with a long-standing history in consumer products. It goes back to the late 1800s when Edison General Electric and Thomson-Houston Company merged. It established a scientific research laboratory in 1900. It quickly advanced to include a credit corporation to assist with purchasing electric appliances.

The Stability of GE Long Term Care Insurance

The early 1990s brought about the expansion into the financial security market by adding long term care insurance to the portfolio. This included the purchase of AMEX and other companies. In the mid-1990s, GE formed GE Financial to bring together all of the investment business and consumer insurance under one umbrella.

The long term care division of GE provides insurance for almost a million policyholders and has paid out almost $2 billion in claims. GE offers the option of a single policy for an individual or a shared policy for couples. Coverage includes the usual services of skilled nursing, home health and personal care attendants, hospice care, adult day care, and chore services for household tasks.