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The Genworth 2008 Cost of Care Guide
Genworth conducts its benchmark Cost of Care survey to bring an in-depth look at the cost of care across the country, along with corresponding market trends. This helps both consumers and financial professionals prepare for the future by arming them with the knowledge required to make long-term care decisions. Click here for the Genworth's New 2008 Cost of Care Guide
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The minimum benefit levels for 2009 Traditional Partnership products have increased effective January 1, 2009:
NY: The Nursing Home Daily Benefit is $220; Community Based Daily Benefit is $104
CT: The Nursing Home Daily Benefit is $175; Community Based Daily Benefits is $87.50
CA: The Nursing Home Daily Benefit is $150; Residential Care and Assisted Living Facilities Daily Benefit is $105
IN: The Nursing Home Daily Benefit remains $110 but the Dollar Amount for Total Asset Protection has increased to $228,045
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New 2009 Tax Qualified LTC Federal Deductions click here for the 2009 Federal Tax Deductions for tax-qualified long term care insurance.
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2009 State Tax Incentives For LTCi click here for the 2009 State Tax Incentives for tax-qualified long term care insurance.
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Many states have enacted mandatory training requirements to sell Long Term Care insurance. Download the John Hancock National Partnership Resource Guide. You must complete training in many states. Please contact our office for further details.
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