United Security Assurance of Pennsylvania announced Wednesday the availability of two types of long-term care (LTC) insurance policies for people with severe health conditions like cancer and diabetes.
Substantial health issues often pose problems for people trying to find LTC coverage, and while the new policies are only available in a few states, they may provide a solution for people unable to find coverage elsewhere.
Those with severe health conditions, says the company, such as cystic fibrosis, diabetes, cancer, Parkinson’s disease, multiple sclerosis or osteoporosis, can now find coverage under the company’s LifeStyle Solutions (LSS) and LifeStyle Solutions Select (LSS Select) policies.
These are tax-qualified, pool-of-money plans that are available in the states of Florida, Illinois, Missouri, North Dakota, Ohio, Pennsylvania, South Dakota, Texas, and Washington.