Best Longterm Care Insurance for Seniors of 2017

We’ve researched and reviewed the best longterm care insurance on the market.

Longterm Care Insurance

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#1 Grandfolk
Why We Love Them
  • Financially strong company with a long history
  • Flexibility of policy options
  • Dividends are possible, though not guaranteed
8.9
Grand Score
8
User Score
Why We Love Them
  • Highly rated, financially sound company
  • Many options for building a policy
  • Very flexible policy options
8.6
Grand Score
8
User Score
Why We Love Them
  • One of the first companies to offer long-term care insurance
  • Flexible options for coverage
  • The company provides regular reports on the cost of care in the U.S.
8.1
Grand Score
8
User Score
Why We Love Them
  • Company has strong financial footing
  • Optional survivor benefit 
  • Variable inflation protection
7.8
Grand Score
8
User Score
Why We Love Them
  • Company has a long history
  • Flexible policies
  • Financially strong company
8.2
Grand Score
8
User Score
Top Services
Cost
10
10
10
10
10
Ease
Plans must be purchased through a NY Life agent
Policies can be purchased through a Mutual of Omaha representative
Enroll through a local Genworth agent
Must be completed through a licensed Northwestern Mutual agent
Enroll through a licensed agent
Coverage
Caregiver training, home modifications, assisted living, and more
Support for non-medical care and personal care
Most policies cover nursing home care, assisted living or in-home care
Care for those who struggle with least two daily activities
Home health care, respite care, assisted living facility and more
Waiting period
Yes, this is determined at the time you purchase the policy
0, 30, 60, 90, 180, or 365 calendar days
30, 90, 180 and 365 days
90 days or 120 days
You can choose 30, 90, or 120 days
Customer support
Contact local agent
Phone, by email or through an agent
Call 8:30 AM-6 PM EST Mon-Thurs, or 9 AM-6 PM Fri
You can email, call or speak with a licensed agent
Call or send an email
Optional benefits
Waiver of premium, inflation protection and more
Yes, including inflation protection, shared care and security benefit
Live Well, home assistance benefits and shared benefit rider
Survivorship benefit option,non-forfeiture benefits, and more
You can opt for inflation protection
Accessing benefits
10
10
8
8
10
Limits to coverage
The maximum daily rate is $400
The maximum monthly benefit is $15,000
Monthly maximum is $10,000
$1,500-$12,000/month
$100/day - $500/day
Years of coverage
2, 3, 5 or 7 years
2, 3, 4, 5, 6, 8 years or a lifetime
2, 3, 4 or 5 years
3 or 6 years
3, 5 or 10 yers