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Personal Quote
▪
Policy
Guidelines
Personal Quote
This is a secure page. MAGA takes your privacy very
seriously. Your information will never be used for anything but the
purpose for which it was provided and will be held in the strictest
confidence. Personal information will not be given out to third parties.
The complete MAGA privacy policy can be viewed on our
privacy page.
To
receive a customized quote fill in the form and click the Send to MAGA
button at the end.
Select your benefits:
-
Daily Benefit:
The maximum daily benefit for care received in
a Nursing Home or Alternative Care Facility. Typically, if the full daily
benefit is not needed, the difference will be carried over.
(How much does it cost?
Click here
to find
the average for your area.)
-
Length of coverage: The daily benefit times the length of coverage
to get the lifetime maximum dollar amount. Most companies will offer a
range of 2 years (730 days), 3 years (1095), 4 years (1460), 5 years (1825),
or Lifetime (unlimited). ( An example is 2 years of coverage at $100.00 per
day. The lifetime maximum would be $73,000 to pay for care when needed.)
2 years
5 years
3 years
10 years
4 years
Lifetime
(unlimited)
-
Elimination Period:
Synonymous with deductible period. The amount in days
that must be satisfied before the benefits are paid. This is usually met
once in the lifetime of a policy.
30 days
60 days
90 days
180 days
365 days
-
Home Health Care Benefit:
The maximum daily benefit for care
received in one's own home. This should cover any level of care needed.
Some companies offer a range of 50%, 75% or 100% of the daily facility
benefit. Not all companies offer reduced care for the home.
0% (Facility Only)
50%
75%
100%
-
Inflation Protection:
Automatically increases the daily
benefit each year on the anniversary of the policy. Designated to ensure the
policy one acquires retains its value over the years.
Most companies
offer the option of no inflation, simple (5%), or compound inflation (5%).
No Inflation
Simple Inflation
Compound Inflation
Additional Information
- Do you currently have a long term care
insurance policy?
Yes
No
- Have you previously looked into long term
care insurance?
Yes
No
- On a scale of 1 to 10, how familiar are
you with long term care insurance?
1=Novice, 10=Expert
Any additional
information you would like us to consider?
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