The Worst Long-Term Care Insurance Companies: How to Avoid Them

Shawn Plummer

CEO, The Annuity Expert

It’s important to do your research before purchasing long-term care insurance. Not all companies are created equal, and some are much better than others. In this guide, we will talk about the worst long-term care insurance companies and how to avoid them. We’ll also provide tips for choosing a good company that will meet your needs. So, whether you’re just starting to look into long-term care insurance or you’re ready to buy a policy, read on for the information you need to make the best decision possible!

Weak Financial Stability

When you’re looking for long-term care insurance, it’s important to find a company that is financially stable. You don’t want to purchase a policy from a company that is at risk of going out of business. The last thing you want is to be left without coverage when you need it the most. To research a company’s financial stability, you can look at its rating from independent agencies like A.M. Best or Standard & Poor’s.

Poor Customer Reviews

You should also consider the company’s customer satisfaction ratings. You can find these ratings on sites like J.D. Power or Consumer Reports. It’s important to choose a company that has high marks in this area. After all, you’ll be working with them for a long time, and you want to make sure they’re easy to work with.

The Inability To Pay Claims

Finally, don’t forget to look at the company’s claims-paying ability. This is how likely they are to actually payout on a claim. You can find this information on the National Association of Insurance Commissioners’ website.


Now that you know what to look for in a long-term care insurance company, it’s time to start shopping around. Use the tips in this guide to help you find a good company that will meet your needs. And, most importantly, avoid the worst long-term care insurance companies!

Also, it’s important to find a company with a good reputation. You can read reviews online from other customers or contact your state’s insurance department to see if any complaints have been filed against the company you’re considering. It’s also a good idea to get quotes from multiple companies to compare rates and coverage.

When you’re ready to purchase a policy, be sure to read the fine print carefully. You want to make sure you understand what is covered and what isn’t. And don’t be afraid to ask questions if there’s something you don’t understand. The customer service representatives should be able to answer all of your questions.

By following these tips, you can avoid the worst long-term care insurance companies and find a good one that meets your needs. So, don’t wait – start shopping around today! And if you have any questions, feel free to contact us. We’re always happy to help.

The Worst Long-Term Care Insurance Companies

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Shawn Plummer

CEO, The Annuity Expert

I’m a licensed financial professional focusing on annuities and insurance for more than a decade. My former role was training financial advisors, including for a Fortune Global 500 insurance company. I’ve been featured in Time Magazine, Yahoo! Finance, MSN, SmartAsset, Entrepreneur, Bloomberg, The Simple Dollar, U.S. News and World Report, and Women’s Health Magazine.

The Annuity Expert is an online insurance agency servicing consumers across the United States. My goal is to help you take the guesswork out of retirement planning or find the best insurance coverage at the cheapest rates for you. 

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