I have a long term care policy with Penn Treaty. I live in Georgia. I’m planning on moving to Colorado. since Penn Treaty is insolvent, am I still covered if I move to Colorado? TM 3-23-17

Your claim will still be paid wherever you live in the U.S,¬ based on the state guaranty fund for that state.¬† Here is the link to Colorado and the amount is $300K for LTC insurance.¬ http://www.colifega.org/ ¬†(Answer #7 under FAQ) Georgia is also $300K for LTC insurance. ¬†(Answer #8 under FAQ)¬†Here’s the link for Penn Treaty FAQ¬ http://www.penntreaty.com/Liquidation/LiquidationQuestions.aspx

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