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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