Navigo Insurance

We've changed the way consumers and small businesses research Long Term Care Insurance and Disability Insurance. The old high-pressure sales game is over. At Navigo Insurance, you can request and view Long Term Care and Disability quotes online. We will provide you more quotes from more companies. The end result is that you save time and get better, unbiased information.

Of course, your personal agent is just a phone call or e-mail away. But while we're that close, we're also that far. Not in your face, asking you to buy now.

Pool of Money
Daily Benefit
Benefit Period
Inflation

LTC Fundamentals

Pool of Money

Your pool of money can be thought of as the total Long Term Care benefit your policy will pay out. If you buy inflation protection, this can grow over time to keep up with costs.

Sample Pool Calculations

$50 - $400 Options

How Much Daily Benefit?

Long Term Care policies almost always provide you with either a daily or monthly maximum. Depending on your geography and financial plan, there are legitimate reasons to consider coverage levels from $50/day all the way up to $400/day. The national average is around $150/day but your specific location plays the biggest role in deciding how much coverage to purchase.

Daily vs Monthly Benefit Options

1 yr to Lifetime

How Long Will You Need Care?

No one has a crystal ball, so selecting your benefit period (calculated in years) is a matter of personal risk management philosophy, budget, and personal factors. When one considers actual Long Term Care claims paid, the statistics point to the majority of the risk being in the first 3-5 years, with a long tail thereafter. The longest claim in history was 18 years according to Genworth, a large LTC insurer.

Will Your Plan Keep Up?

A study in California from the 70's to the 2000's uncovered a 5.1% annual inflation in Long Term Care Costs. Over the same time period, the CPI was just 3.1%, meaning CPI-linked inflation products would have put a policyholder significantly behind the curve over time. Given everything we know, 5% Compound inflation protection is the "gold standard" for this coverage.

See Real-World Examples