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http://www.infolongtermcare.org/get-free-ltci-quote/
http://www.aaltci.org/long-term-care-insurance/free-quote/
Long term care insurance costs are expensive in nature and by exploring your options, you can find an affordable policy that can satisfy your future care needs.
Auto-withdrawal for payments will (hopefully) prevent the policy from lapsing unintentionally. Most companies also offer what is known as "third party notification" in the event premium is past due.
The policy provision you are speaking of is called "Waiver of Premium" and is typical of most policies although some are offered without it.
Buyer beware!
You can "stabilize" your premium by contracting for a limited premium term (if you can manage it). Some carriers offer a "single-pay" or "ten-pay" option. By contracting in this manner, your premium will be fixed and not subject to increase.
The issue is further complicated by the fact that long-term care insurance companies have not been able to keep premiums to existing policyholders stable over the past 20 years. (John Hancock, one of the preeminent carriers, just announced a 40% rate increase to most of its existing policyholders.)
This means that what you initially contract for in terms of benefits and premiums will not likely be what exists at claim time many years down the road.
If you are going to purchase, consider carefully benefit vs. premium. Don't over-insure.
Lastly, DO NOT PURCHASE ANYTHING OTHER THAN A "PARTNERSHIP" POLICY!
Partnership policies will protect your assets and allow you to qualify for Medicaid after policy benefits are exhausted without having to spend down.
Try calling insurance agents who represent more than one company. Get several opinions. You may even want to clear you choice through your state insurance office.
LTC insurance has improved a lot over the years, but it's still tricky. Move ahead with advice from experts and look at all views.
Carol