MetLife: Long-Term Care Insurance
Metlife has been around since 1868 and is one of the "founding fathers" of long-term care insurance, having offered coverage since the 1980s. Few companies can match MetLife's reputation as an American icon and a company that millions of Americans have put their trust in.  Value Long-Term Care Plan
The "Value" plan is a popular MetLife Long-Term Care Insurance program that offers daily reimbursement of long-term care costs from $50 - $400/day. Benefit periods of 2-7 years are available, with coverage for both home care and assisted living/nursing. If you request quotes from us, we typically will start with the Value plan as a base. MetLife does offer several other plans as well, depending on your needs. For example, if you prefer monthly reimbursement, MetLife Ideal may be a good fit. Be sure to ask your LTC advisor (or request a quote below!) about the various MetLife offerings. MetLife Ideal :: Premier :: Facility Plans
- The most popular MetLife Long Term Care Insurance product is the MetLife Ideal policy which is a monthly benefit reimbursement plan. The monthly benefit plan will give you more flexibility especially for home care over a daily benefit plan. Say for example, you have $100/day plan and that buys 10 hours of home care and one day you need $150/day for 15 hrs. With the daily plan you'd be capped out at $100 where as the monthly plan you'd be given $3000/month so you could manage the payment better over the course of the month and have no out of pocket expense i you were careful. You can choose from the same benefit period as the Value (2,3,4,7,Unlimited).
- The MetLife Premier Long Term Care Insurance Plan pays you your full daily benefit regardless of the actual expenses. Say for example you had a plan that paid ou $5000/month and you used $2000 for home care, MetLife Premier will give you the $3000 extra in cash and you can spend it however you'd like. This plan is by far the most flexible on payment options and has been used by people in place of a traditional disability policy. Compare carefully though before dropping a disability plan.
- The MetLife Facility plan is a Facility Only plan, which like its name pays benefits for just facility care. No home care. We do not recommend this plan as a standalone long-term care plan, however it may be a good supplement for policyholders who already have other Long-Term Care insurance policies.
MetLife's Financial RatingsHere are MetLife's current ratings from some of the top ratings agencies. Request a quote below and you will recieve our unique comparison quotes side-by-side as well as detailed company ratings, and more. 
|
|
Last Updated ( Friday, 05 February 2010 )
|
Request FREE Quotes Below:The smart and easy way to shop for Long Term Care Insurance To receive your free policy comparisons and quotes, please complete this simple, secure form below. Then, sit back and relax. We will shop the market and provide you with exact quotes. You no longer need to move from company to company in search of the best product to fit your needs because we work with the major Long Term Care Insurance carriers. Your customized analysis includes: -
A review of each company's financial stability ratings, claims experience, and size.
-
A thorough, side-by-side comparison of each company's policy features.
We cover the similarities and the differences. -
Price comparisons customized to suit your specific needs from top carriers such as MetLife, Genworth, New York Life, MassMutual, Mutual of Omaha, Prudential Financial, and more.
Carriers quoted will depend on your state. Completing this form does not bind you to any insurance policy. » Click here to get quotes.
|
|
