I was speaking with a policyholder today who purchased a Travelers policy from me in 1997 when he was 63 years old.
His benefits are presently:
$438/day for nursing home
$219/day for home care & assisted living
20-day elimination period
5% Compound
Lifetime Benefit Period
Including an 8% rate increase in 2006, he's paying
(ready for this?)......................................
$1,570/year
Those were the days.
Source of insurance-forums.net
His benefits are presently:
$438/day for nursing home
$219/day for home care & assisted living
20-day elimination period
5% Compound
Lifetime Benefit Period
Including an 8% rate increase in 2006, he's paying
(ready for this?)......................................
$1,570/year
Those were the days.
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