Long Term Care Insurance Decline Story

I had a client this past spring apply for long term care insurance with one of our carriers after reviewing the top five. After going through the underwriting process his wife was approved preferred but he was rated 25% higher because of his diabetes and high A1C levels. He was not happy but I really encourage him to take the offer because the company we used is one of just a handful that will insurance insulin dependent diabetics. He said no and decided to use another carrier a couple months later. Unfortunately because of new test results to the negative he was declined by the second company. He then wanted to go back and take the offer of the first company, but of course the original company is skeptical now of his change in health. This case happens all the time because as people age they become less healthy usually and once a person crosses to the uninsurable line all long term care insurance option are off the table. Long term care insurance might be a right fit for you so if you think so, it might not be wise to wait.