Senior Living Guide8/9

How to compare quotes without getting overwhelmed

Get quotes from more than one insurer or an independent agent who represents several companies, and compare the same face amount and payment schedule across each quote so you're comparing like for like. Ask each one directly whether the benefit is graded and, if so, for how long and by how much.

Check the insurer's financial strength rating from an independent agency and confirm the policy is licensed to be sold in your state. A lower premium isn't a better deal if it comes with a longer waiting period or a lower payout when it matters most.

Slide 8 of 9