Updated December 15, 2021, at 1:55 PM
When it comes to your clients asking about long-term care (LTC) coverage, it’s important to understand that their health plays a huge role in whether or not they’ll qualify.
Some products are more generous in their underwriting than others, but it’s helpful to figure out which product fits your clients’ needs the best. The Care Planning team here at Financial Independence Group can help you shop the products to make sure you choose the best LTC option for your clients.
Pre-qualifying can help save you a lot of time and avoid disappointment if a case ends up being declined. Keep in mind that pre-qualifying can’t guarantee that a case won’t be declined, but the odds are better if we can ask an underwriter first.
Sometimes clients look healthy but have a lot of medical problems going on. Things such as heart disease, Diabetes, or history of cancer, for example, may not be visible to the eye. Most people have some type of health issue, especially in their older years.
Health Conditions & LTC Coverage
The good news is, even people with pre-exisiting health conditions can qualify for LTC coverage.