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A while back we were talking about Long Term Care Insurance. I found a

possible place to get LTCI -†Underwriting companies are General Electric

Capital Assurance Company and in New York, GE Capital Life Assurance

Company of New York - I heard about it from Suze Orman and in her

website I took the basic medical test and could answer NO to every

medical question...so I am just passing this along - here's the website

if anyone wants to check into it - click buttons on the left

http://www.suzeschoice.com/NASApp/suzeschoice/jspindex.jsp

~ Gretchen

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  • 2 years later...
Guest guest

Gil,

I had the same experience as , in being turned down for Long Term

Care Insurance due to the diagnosis of CMT. I was just offered the

opportunity to purchase Short Term Care Insurance by Banker's Life

which is pretty much the same as Long Term but the money pool is

smaller. ($27,000 / year). The fact that I sometimes use crutches was

a disqualifier. The agent was prepared to lie about this, but I was

not. I would be facing the possiblility of having benefits denied if

they determined that the application had been falsified. This policy

could be purchased within a 6-month open enrollment period ( 3 months

before and 3 months after reaching age 65) with no physical provided

you could answer NO to about 10 questions relating to your health. If

you had previously been turned down for LTC, then you would also be

turned down for STC.

I did just purchase a Blue Cross Smart Value Medigap Policy which seems

to be a very sweet orange amongst all the apples in the insurance

barrel. This is new to Califoria and is not available in all states.

It is mainly available on the East Coast.

Please let us know if you are able to purchase LTC for your wife. I

don't bother to apply any more and keep my fingers crossed that I will

not need it! When the time comes, I will probably have sommeone live-

in.

Ruth

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Guest guest

Hi Gil:

The phrase most commonly used by LTCI is your illness was a " pre-existing

condition " . My experience was with Unum Provident who denied my claim

because I had a pre-existing condition.

I was denied long-term coverage in 2002 for depression as Unum was able to

look back in my medical history for 24 months. I had " consulted " my doctor

about depression within the past 24 months. My doctor did not think I was

clinically depressed and did not prescribe any medication. But just because

I had consulted my doctor Unum denied my claim.

It would be interesting to know if you could indeed get LTCI by letting the

insurance carrier you have CMT.

Regards,

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Guest guest

Hello to all,

I'd like to thank the moderator for letting me join the group this is my first

day and I was very surprised at the volumn of postings.

I'm an Insurance Agent in California I can find out the answer to the LCT

question and post it later this week.

Again, thank you for allowing me to join,

Larry

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