When performing a long term care insurance comparison to select a provider for your business, there are a number of important questions to ask. For example, your long term care insurance comparison will want to take into account the number of years of long term care insurance marketing and administration each carrier has, as well as whether there are centralized resources and a dedicated account team available. Your comparison should also review the Daily Maximum Benefits, minimum participation requirements and coverage for nursing home or alternate care facilities. And of course, your long term care comparison should include the provider’s financial strength and reputation for customer service.
After performing a long term care insurance comparison, many companies select the products and plans available at John Hancock.
John Hancock scores high in a long term care insurance comparison
As a leading long term care insurance company for more than two decades, John Hancock rates highly in any long term care insurance comparison. John Hancock has earned a reputation for innovative products and outstanding customer service when it comes to long term care insurance – a strong advantage in comparison with other providers. CareChoice, underwritten by John Hancock Life Insurance Company, is one of the finest group long term care insurance plans available to employers today. The plan offers flexible, affordable coverage with benefits that cover a wide range of care in settings that include the home, adult day care centers, alternate care facilities and nursing homes.
Several aspects of CareChoice stand out in a long term care insurance comparison:
- An expansive eligible group that can include siblings and adult children
- A broad array of benefit levels to meet the needs of different employees
- Informal care and stay-at-home benefits so that individuals can receive care from people they are familiar with in settings they feel comfortable in
- A choice of inflation provisions that help coverage keep pace with rising costs in long term care
Financial ratings should play into a long term care insurance comparison
Your comparison of providers should include a review of financial strength ratings.
Learn more now about a long term care insurance comparison as well as a long term care insurance rate, long term care insurance cost, along term care insurance policy and other long term care information
*To view our most current financial ratings, please go towww.johnhancockLTC.com. Financial strength ratings measure the Company's ability to honor its financial commitments and are subject to change. The ratings are not an assessment or recommendation of specific policy provisions, premium rates or practices of the insurance company.Long Term Care Insurance Comparison - John Hancock Long-Term Care