HonestLTC delivers straight forward, affordable protection
Madison, Wis. (July 14, 2026) – Five more states have approved NGL Insurance Company’s (NGL) HonestLTC, a Long-Term Care (LTC) insurance solution that offers simple, affordable long-term care coverage consumers are looking for in today’s market.
As of July 10, with the approvals of Colorado, Illinois, Massachusetts, Rhode Island and Virginia, HonestLTC is now available in 39 states, including Alabama, Alaska, Arizona, Arkansas, Georgia, Hawaii, Idaho, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Michigan, Minnesota, Missouri, Mississippi, Nebraska, Nevada, New Hampshire, New Mexico, North Carolina, Ohio, Oklahoma, Oregon, Pennsylvania, Tennessee, Texas, Utah, Vermont, Washington, West Virginia, Wisconsin and Wyoming.
“The expansion of HonestLTC means even more families can benefit from the protection and peace-of-mind HonestLTC can offer,” said Joe Guyotte, NGL’s National Sales Manager, Long-Term Care. “NGL is committed to helping Americans prepare for the financial and personal challenges associated with long-term care. As life expectancy continues to increase, more families are seeking solutions that help protect their savings while providing greater financial security for future care needs.”
Key features of HonestLTC are:
· A Monthly Benefit instead of a Daily Benefit, which provides more flexibility for policyholders who wish to receive their care in their own home.
· A Calendar Day Elimination Period instead of a Service Day Elimination Period, which could allow policyholders to satisfy their deductible quicker.
· Automatic compounded inflation options of 1%, 2% and 4% (in addition to 3% and 5%) that create the ability to design meaningful LTC coverage at a price that more consumers can afford. Additionally, many states allow the 1% and 2% compound inflation option to qualify for the LTC Partnership Program, which provides extra asset protection from Medicaid spend-down requirements, making LTC planning more viable for potential policyholders.
· A 5% Partner Discount for individual policies.
· An Alternate Plan of Care provision that could cover emerging care delivery trends that do not yet exist.
Guyotte continued, “For more than 100 years, NGL has provided reliable insurance solutions, exceptional service and financial strength. We are proud to continue to deliver the dependable protection our policyholders and agents have counted on for generations.”