Some policies will offer these discounts even if one spouse is declined, to domestic partners, and even siblings living together. Each company has different criteria that you must meet to qualify. In order to take advantage of the preferred discounts it is better to apply when you are younger. This will result in a considerable savings to you. Premium Payment Options You can pay your premiums annually, quarterly, semi-annually and monthly.
Some people pay for their premiums out of their monthly income.
Some people don't have much discretionary monthly income so they pay for their premiums by using interest off of their savings accounts. Contact us for recommendations and additional information on the features of LTC Insurance. If you pay anything less than annual there is usually an additional charge.