Hailey Hyatt, Bankers Life Agent

Mom and dad have invested a lot of money in long term care insurance with Bakers Life. There's a 30 day elimination period for their policy. Dad didn't live long enough to qualify for a claim so the very expensive premiums will be lost. He was diagnosed with 2 cancers in 2020 and because he could dress himself and go to the bathroom, he didn't qualify for a claim. He had pneumonia in October 2022, fell November 16, had a heart attack and ended up needing 24/7 care. But the 30 day elimination period didn't start until he came home November 29 and died December 12 so that didn't meet the elimination period. If you're considering buying this type of insurance, please consider what condition will consider you eligible to receive a claim and will you live long enough in that condition for you to receive benefits. You have to be in terrible shape before the 30 day period even begins. I just found this statistic: "However, half of long-term care insurance policyholders die before ever using their benefits, according to the AALTCI. For the majority who purchase coverage that doesn't begin paying until 90 days after the covered individual begins needing long-term care, only 35% ever use their benefits, AALTCI found.May 24, 2022" I couldn't find statistics showing how little money the 50 percent who qualified for benefits actually received. Is it worth spending more money on mom's policy with these odds? Or investing those future premiums to make sure there's an account to live off if the needs arise?
Dec 21st, 2022

Worked here before moving to AZ. Wonderful place. Management is more family then co-workers. They go above and beyond to help you succeed. I would recommend everyone to work here. A place for winners
Dec 10th, 2022

Bankers Life is a sham company that takes clients payments but denies legitimate claims! My mother is in the throes of the insidious disease dementia. We have been lied to, promised our claim was going to be covered, and completely flamboozled by Mr. Schlickting(sp) manager of this office and Kelly in the claims department
Oct 27th, 2022

Great company to work for! Some of the best Medicare and long term specialist in the state of Minnesota!
Aug 30th, 2022

Aug 29th, 2022