Are You Even Insurable?

When it comes to long-term care insurance, there's an old saying; "your money pays for it, but your health really buys it."

That's because there are certain pre-existing health conditions that can make it impossible for you to health qualify, and we list those below.

But if you are in relatively good health, now is the time to start the process.  Click here to complete our simple online questionnaire and get the ball rolling.

Most people have some health issues … maybe a bit of hypertension for which you take medication … maybe you even had cancer some years ago.  Even people with health conditions may still qualify for long-term care insurance but it really pays to talk to a long-term care insurance professional with access to multiple insurers. 

Health underwriting standards vary from one insurer to another.  And they change from time to time.  So you need someone with current expertise who will shop the market for you before you apply.  You'll save time.  You can save money.  And, you'll avoid being declined.

Here's important information.  Your good health can get you preferred health discounts that will save you significant dollars.  Plus, you lock them in.  You can't lose the good health status even if your health changes at a future date.

A recent study conducted by the American Association for Long-Term Care Insurance revealed the percentage of applicants who qualify for good health discounts and the percentage who were declined.  It's clearly to your benefit to start the process at younger ages, certainly while in your 50s.

Percentage of Applicants in 2007 Who Qualify for Good Health Discount

             Age of Applicant            Average Who Qualify
                          Under 30               63.2%
                          30 to 39               66.3%
                         40 to 49               66.8%
                    50 to 59            51.5%
                    60 to 69            42.2%
                    70 to 79            24.2%
                80 and Over            12.9%

Percentage of Applicants Declined Coverage (Individual Policies)

                                     Age of Applicant            Average Declined Coverage 
                          Under 50                 7.3%
                    50 to 59            13.9%
                    60 to 69            22.9%
                    70 to 79            44.8%
            80 and Over*        69.8%


Pre-existing conditions that can make it impossible for you to health qualify.   If you have any of these health issues, it generally won't pay to take the time to request a quote for long-term care insurance.

Do not fill out the form if you currently:
Use a multi-pronged cane, crutches, oxygen, walker or wheelchair

Require assistance with bathing, dressing, feeding, toileting, urinary or bowel continence, or transferring between your bed or a chair

Use or need a home health care, adult day care, assisted living or nursing home care

Require assistance with grocery shopping, use of transportation, use of telephone or banking.

Do not fill out the form if you currently have:
AIDs or HIV infection
Alzheimer's Disease
Amyotrophic Lateral Sclerosis (ALS)
Cystic Fibrosis
Dementia
Hemophilia (other than Von Willebrand disease)
Active Hepatitis C, Non-A, Non-B, or Autoimmune
Kidney Failure
Liver Cirrhosis
Memory Loss
Mid - Advanced Multiple Sclerosis
Muscular Dystrophy
Paralysis
Parkinson's Disease
Post-Polio Syndrome
Schizophrenia
Sickle Cell Anemia
Systemic Lupus Erythematosus

If you are not insurable, then we are truly sorry.  Regrettably, we talk to many individuals who can not health qualify for long-term care insurance protection.  Please tell those you love about the importance of starting a long-term care plan while they are younger and still in good health.

But if you are in relatively good health, now is the time to start the process.  Click here to complete our simple online questionnaire and get the ball rolling.