Traditional Long-Term

Care Insurance

Similar to car or homeowner’s insurance where you pay for a lifetime until you need care. It comprises about half of the policies sold today. Based on a pool-of-funds and is the most customizable of plans. These policies have the strictest underwriting guidelines and are the least costly insurance solution if you do need care.

Most are tax-qualified and the benefits received are tax free and premiums may be deductible. Inflation protection can be added to keep up with the rising cost of healthcare.


Partnership policies have Medicaid Asset Protection which safeguards dollar for dollar your assets equal to the amount of benefits you purchased.


Generally available for those between the ages of 18-75.

Fully customizable to suit your needs:

  • monthly benefit amount

  • benefit period

  • inflation protection

  • elimination period or deductible 


Policy cannot be cancelled unless the policy owner fails to pay the premium. Rates can increase but it has to be approved by the Insurance Commissioner. Policies today are priced much more conservatively

111 Founders Plaza, Suite 1706, East Hartford, CT 06108

1-833-REEDLTC (733-3582)

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© 2018 by Reed Insurance Agency, LLC