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Showing 2 long-term care insurance agents in Storrs, CT
Listings are displayed in no particular order and are not ranked by BeforeInsuranceUSA. Order does not constitute a recommendation or endorsement of any agent.
Wilcox & Reynolds Insurance
922 Stafford Rd, Storrs, CT 06268
(860) 626-5876
wilcox-reynolds.com
Retirement Security Inc
1066 Storrs Rd, Storrs, CT 06268
(860) 487-0800
What Does a Long-Term Care Insurance Agent in Storrs Cost?
Long-term care insurance premiums in Connecticut vary widely. For a 55-year-old, a policy with a 150 dollar daily benefit and 3-year term may cost between 1,500 and 3,000 dollars per year. A 65-year-old might pay 2,500 to 5,000 dollars annually for similar coverage. Costs depend on your health, age, and selected benefits. This is general information, not insurance advice.
* Cost estimates are general ranges based on publicly available data and compiled using automated research tools. Actual fees vary by agent and case complexity. This is not insurance advice — consult directly with an agent for fee specifics.
Frequently Asked Questions
What is the Connecticut Partnership for Long-Term Care?
It is a state program that combines private long-term care insurance with Medicaid asset protection. Policyholders who use their benefits can still keep assets equal to the amount the policy paid out. This is a key consideration for Storrs residents planning for nursing home or home care costs.
How long does it take to get a long-term care insurance policy in Storrs?
The application process typically takes 4 to 8 weeks from initial consultation to policy issue. Underwriting includes a health review and may require a phone interview or medical records. Connecticut law requires a 30-day free look period after you receive the policy.
What factors affect long-term care insurance premiums in Connecticut?
Premiums depend on your age at application, health status, benefit amount, and inflation protection options. Connecticut insurers must offer a nonforfeiture benefit and a 30-day grace period for late payments. Rates are also regulated by the Connecticut Insurance Department to ensure stability.