Bankers Life long-term care insurance

What they offer

Coverage type: Traditional.

Long-term care coverage falls into two families — traditional standalone policies and hybrid (linked-benefit) policies. See types of plans for how they differ.

How Bankers Life scores

Our disclosed, weighted methodology scores every carrier on four criteria. Here's the breakdown for Bankers Life:

Financial strength

Because a long-term care policy may be held for decades, an insurer's financial strength matters. Bankers Life's A.M. Best financial-strength rating is A, affirmed April 8, 2026 (source). Rating applies to Bankers Life and Casualty Company as part of the CNO Financial Group affirmation, alongside sister companies Colonial Penn and Washington National. Ratings are typically reaffirmed annually — verify Bankers Life's current rating directly with A.M. Best or the carrier before you buy. See how we score carriers for the full methodology.

Visit Bankers Life's website

Please note: This profile is general information, not an offer of coverage or an endorsement. Product availability, features, and pricing vary by state, age, and health, and change over time. Confirm Bankers Life's current offerings with a licensed agent before making any decision. LongTermCareInsurance411 is not affiliated with Bankers Life.