Ask The Expert: I have some pre-existing health problems. Will I be able to find any Long Term Care Insurance?

posted by: Chris Lynch MBA, CLTC, LTCP

Your situation is fairly common.  Many people only investigate long term care coverage when they learn of a medical condition that may predispose them to needing care.  Fortunately, some companies have more liberal underwriting guidelines which vary by company.  Often, you may not be able to get all the coverage that you would like, say lifetime coverage, but you may be able to get a couple of years of coverage which can be better than no protection at all.  Pre-existing conditions are medical conditions or ailments, which you have previously received medical advice or treatment prior to purchasing a long term care insurance policy. 

Most insurance companies will not offer long term care insurance to individuals already inflicted with illnesses such as Alzheimer's disease, Parkinson's disease, multiple sclerosis or AIDS.  Walker and wheelchair use can prevent coverage, as well.  However, in some cases these conditions can even be covered, if caught in the early stages

The important this is to work with an insurance specialist that understands long term care and APPLY while you may still have a chance to be underwritten.  Sometimes you’ll be accepted.  You may be declined which is important to know.  Other times, you may have your application held for six months or a year and if the condition has stabilized they will underwrite you.

With all the uncertainty in our economy and with our health, this protection can offer you and you family great peace of mind.

Back to Long Term Care Expert


Posted by:kris

2/13/2010 7:32:23 AM

My mother has a 24/7 in home caregiver due to a stoke after brain surgery . Can she qualify for coverage?

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