SOUDERTON, Pa., May 30, 2012 /PRNewswire/ -- United Security Assurance Company of Pennsylvania (USA) is now offering their LifeStyle Solutions(SM) (LSS) and LifeStyle Solutions Select(SM) (LSS Select), tax-qualified, pool of money long term care insurance plans in the states of Iowa and Kentucky. These plans are also available in Florida, Illinois, Missouri, Nebraska, North Dakota, Ohio, Pennsylvania, South Dakota, Texas, and Washington.
These innovative plans expand traditional underwriting guidelines and may offer individuals who have previously been or who would otherwise be turned down for long term care insurance the opportunity to obtain coverage. This is good news especially for individuals with more severe health conditions, such as Cystic Fibrosis, Diabetes, Cancer, Parkinson's, Multiple Sclerosis, or even Osteoporosis.
"Coverage for long term care costs is the last large unfunded liability for many Americans," said Bill Neugroschel, CEO of United Security. "Many of us have coverage for our lives, our medical needs, our houses and our cars, but we often don't think about how we will cover the cost of long term care. This is a major gap in our financial planning which long term care insurance like LifeStyle Solutions can address," he said.
In addition to being tax-qualified long term care insurance plans, LSS and LSS Select also include a Service Program providing a) a program of proactive wellness planning; b) a consultation and referral resource to help policyholders access support and services they may need; and c) care planning when more intensive needs arise. These services are aimed to help individuals diagnosed with extended health conditions live longer, and with good long term care they could stand a better chance of staying independent and enjoying those years.
"It's our hope that these plans will enable our producers/agents to penetrate new markets and offer more of their clients the chance to have long term care insurance coverage," said Chris Coady, Senior Marketing Director. "USA offers a full portfolio of long term care insurance products that include non-tax and tax-qualified long term care plans, and stand-alone home healthcare plans," Chris adds.
About United Security Assurance Company of Pennsylvania
United Security Assurance Company of Pennsylvania (http://www.usa-cal.com), a privately held company, is dedicated to providing quality health and life products at fair and reasonable rates, and is committed to the fair treatment of its agents and policyholders. The company currently offers products in 21 states and has expertise in the individual insurance market, especially long term care, home health care, hospital indemnity, and senior life products. For more information or to find out how you can get started selling these products contact:
Director of Marketing and Communications
United Security Assurance of Pennsylvania
Phone: +1 800 872 3044
SOURCE United Security Assurance Company of Pennsylvania