Georgia Long Term Care Insurance

Written by Norene Anderson
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Georgia long term care insurance writers face the same dilemma as carriers across the nation. The industry is an evolving industry and has yet to be in the long term care business long enough to accurately predict the future needs in assisted living. It has been a challenge for companies to know how much to expect to pay out for services 10 to 30 years from the time a policy is written.

Writers have the challenge of underwriting and pricing for the future while keeping in mind the current economy. It is projected by some financial observers that eventually the list of carriers for long term care policies will decrease as mergers occur or as the weaker players leave the market.

A Safe Investment in Georgia Long Term Care Insurance

When you examine a policy for long term care, look carefully at the amount that is built in for inflation. Evaluate it in light of your income and expected financial status when the inflation rate takes effect. You may be able to afford the premium today, but what about in 10 or 15 years? Will your income increase along with inflation? What if you lose your income?

If you are not sure about what you can afford, let the professionals help. You can request online quotes with criteria that you submit. Then you will receive a response with the best options for your level of need. There is no obligation when you request a quote or online information about a company.


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