What are typical exclusions with LTC insurance?

What are typical exclusions with LTC insurance?

Author: Diane Stoddart, Certified Long Term Care Consultant, CLTC August 13, 2026 Duration: 12:32
Mike emailed asking about typical exclusions or pre-existing concerns with LTC insurance. LTC insurance is governed by Internal revenue Code (IRC) 7702(b). To be able to offer insurance, companies must adhere to this rule. American Association for LTC insurance (AALTCi) has many resources available on this https://www.aaltci.org/long-term-care-insurance/ You can view both current and projected costs of care where you live at https://www.carescout.com/cost-of-care I strongly suggest using a 4 or 5% cost of living factor when checking future costs. I think we'd be lying to ourselves if we believe the costs of care will be lower than that in the future. Baby Boomers are starting to turn 80 this year. Learn how Medicaid works (or doesn't work) in your state at https://www.elderlawanswers.com/ Book a quick phone or zoom meeting to ask a question at https://calendly.com/diane-p4t/15min Book an introductory get to know you meeting at https://calendly.com/diane-p4t/30min Schedule an initial no obligation consultation at https://calendly.com/diane-p4t/60min Get ready to Prepare for Tomorrow!!!

Diane Stoddart brings a professional yet deeply personal perspective to the complex world of long-term care planning in Preparing For Tomorrow podcast. As a Certified Long Term Care Consultant, she understands that preparing for future care needs involves more than just finances-it's about safeguarding your family's well-being and peace of mind. Each conversation cuts through the industry jargon to clarify the real options available, from insurance products to legal strategies, all aimed at protecting your life savings from being depleted by unexpected care costs. You'll hear Diane break down essential concepts and terms, making a daunting subject feel manageable and urgent. Alongside expert guests, she explores the emotional and physical dimensions of caregiving, offering a holistic view that acknowledges the full weight of these decisions. This isn't about fear; it's about empowerment through knowledge. Tuning into this podcast provides a straightforward guide to creating a practical plan, ensuring you can face tomorrow with confidence rather than anxiety, knowing your loved ones and your legacy are secure.
Author: Language: English Episodes: 50

Preparing For Tomorrow podcast
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