Long-Term Care Insurance Rate Comparison Chart

Long-term Care Insurance Rate Comparison Chart--$250/day

Company

Contact information for consumers

Bankers Life & Casualty Co

800-231-9150

Benefit Period 1825 days

Elimination Period

90 days

1st Year Premium

Issue age 65, $250/day benefit

M: $ 5,053

Issue age 75,

$250/day benefit M: $11,978

F: $ 8,052

F: $18,373

Genworth Life Insurance Co

888-436-9678

Massachusetts Mutual Life Insurance Co

Mutual of Omaha Insurance Co

800-767-1000 ext. 22222

800-775-6000

National Guardian Life Insurance Co

888-505-2332

New York Life Insurance Co

800-224-4582

1825 days --------? 60 months

90 days -------- 90 days

M: $ 6,826 F: $11,450 C: $11,451 --------? M: $ 7,241 F: $12,147 C: $12,148

5 years

90 days

$4,069

5 years 5 years 5 years

90 days 90 days 90 days

M: $ 3,476.09 F: $ 5,775.70 M: $3,530.31 F: $5,367.50 C: $5,367.50 M: $ 4,366.38 F: $ 6,645.25

M: $13,482 F: $22,479 C: $23,151 ---------- M: $16,827 F: $23,848 C: $24,560

$10,998

M: $ 7,988.70 F: $13,037.46 M: $8,945.94 F: $12,345.94 C: $12,345.94 M: $10,653.50 F: $15,455.88

Northwestern Long Term Care Insurance Co

800-890-6704

6 years

12 weeks

M: $ 3,982.50 F: $ 7,357.50

M: $ 9,067.50 F: $16,695.00

State Farm Mutual Automobile Insurance Co

Call a local State Farm Agent

5 years

90 days

Thrivent Financial

800-THRIVENT (800-847-4836)

Transamerica Life Insurance Co

800-797-2643

individual/products/insurance/ long-term-care

60 months 5 years

90 days 90 days

$5,457.50

M: $ 3,915 F: $ 6,413 C: $ 8,262 M: $ 2,830.04 F: $ 4,271.27

$10,790.00

M: $ 8,573 F: $ 4,108 C: $18,144 M: $ 6,998.23 F: $10,663.32

Some sample plans provided may include optional riders. Premiums for all of the sample policies listed above are deductible on Maine income tax, except for the sample plan offered by State Farm. Benefit periods offered by the above companies range from 365 days to 10 years.

Long-term Care Insurance Rate Comparison Chart--$150/day

Company

Bankers Life & Casualty Co

Contact information for consumers

800-231-9150

Benefit Period 1825 days

Elimination Period

90 days

1st Year Premium

Issue age 65, $150/day benefit

M: $ 3,032

Issue age 75,

$150/day benefit M: $ 7,187

F: $ 4,831

F: $11,024

Genworth Life Insurance Co

888-436-9678

Massachusetts Mutual Life Insurance Co

Mutual of Omaha

800-767-1000 ext. 22222

800-775-6000

National Guardian Life Insurance Co

888-505-2332

New York Life Insurance Co

800-224-4582

1825 days 90 days --------? -------- 60 months 90 days

M: $ 4,095 F: $ 6,870 C: $ 6,871 --------?-- M: $ 4,345 F: $ 7,288 C: $ 7,289

5 years

90 days

$2,441

M: $ 9,517 F: $13,488 C: $13,890 ---------- M: $10,096 F: $14,309 C: $14,736

$6,599

5 years

90 days

5 years

90 days

5 years

90 days

M: $ 2,085.66 F: $ 3,465.42 M: $2,118.19 F: $3,220.50 C: $3,220.50 M: $ 2,619.83 F: $ 3,981.15

M: $ 4,793.22 F: $ 7,822.48 M: $5,367.56 F: $7,407.56 C: $7,407.56 M: $ 6,392.10 F: $ 9,273.53

Northwestern Long Term Care Insurance Co

800-890-6704 6 years



12 weeks

M: $ 2,389.50 F: $ 4,414.50

M: $ 5,400.50 F: $10,017.00

State Farm Mutual Automobile Insurance Co

Call a local State Farm Agent

5 years

90 days

Thrivent Financial

800-THRIVENT (800-847-4836)

60 months 90 days

Transamerica Life Insurance Co

800-797-2643

individual/products/insurance/ long-term-care

5 years

90 days

$3,274.50

$6,474

M: $ 2,349 F: $ 3,848 C: $ 4,957

M: $ 1,681.82 F: $ 2,562.75

M: $ 5,144 F: $ 8,465 C: $10,886

M: $ 4,198.93 F: $ 6,398.00

Some sample plans provided may include optional riders. Premiums for all of the sample policies listed above are deductible on Maine income tax, except for the sample plan offered by State Farm. Benefit periods offered by the above companies range from 365 days to 10 years.

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