Long-Term Care Policy Replacement Problems
Long Term Care Policy Replacements
Consumers who experienced problems after replacing their long-term care policies at the recommendation of their insurance company or agent may have valuable legal rights. Certain insurance companies are reportedly marketing new long-term care policies as replacements for existing coverage. These new policies, however, might provide less coverage to the policyholder in an attempt to save the company from future exposure.
If you experienced problems after replacing a long-term care policy, Class Action.org would like to hear from you. Complete our free case review form to find out if we can assist with your long-term care policy problems.
Guidelines for Replacing a Long-Term Care Policy
The following are some tips for consumers looking to replace a long-term care policy:
- Compare your current policy’s benefits to the new policy
- Keep in mind that a new policy with better benefits may be more expensive than your current coverage
- Don’t replace your current policy until the new one takes effect
Most importantly, when approached by the insurance company or an agent in regard to a new policy, consumers should ask how the new policy will be different from the existing one.
Long-Term Care Replacement Policy Problems?
Long-term care policies provide necessary coverage to patients who cannot care for themselves due to an illness, disability or impairment. At Class Action.org, we are looking to ensure that the rights of consumers who need this form of coverage are fully protected. If you experienced problems after replacing your long-term care policy at your insurance company’s recommendation, fill out our no cost case review form. We may be able to assist if your insurance company issued the new policy to save itself from future exposure.