NGL launches new long term care product

NGL Insurance Company has introduced HonestLTC, a new traditional long term care insurance product available beginning February 13, 2026, in 34 states, with additional states expected following regulatory approval.

HonestLTC is the company’s second generation traditional LTC offering and will replace NGL’s current product for new policies on a state by state basis. The product includes a monthly benefit structure, calendar day elimination periods, expanded inflation options ranging from 1% to 5%, and a partner discount. It also features a shared benefit option for couples, providing an additional pool of benefits and reduced premiums for the surviving spouse.

The product also offers benefit periods of two to six years, 90 and 180 day elimination options, a 10 pay premium option, and a home care rider with a zero day elimination period.

Policyholders who applied for coverage on or after May 1, 2025, will have a 60 day window to exchange their existing coverage for HonestLTC once the product becomes available in their state without additional underwriting. Existing policies issued before that date remain unchanged.

“HonestLTC is NGL’s second generation traditional LTC offering. It improves on key provisions of our existing product, but retains the unique, value-driven features that have made NGL a successful Long-Term Care insurance carrier with agents and consumers. NGL has served policyholders for more than a century. We believe in being a reliable, financially stable insurance carrier that takes a sensible approach to the LTCi marketplace by using conservative pricing methodology based on actual LTC experience. As a dependable provider, our policyholders have the extra peace-of-mind that their LTC plan is enduring and sustainable for the long-haul.” – Joe Guyotte, NGL’s National Sales Manager, Long-Term Care.