Volume 7, Issue 5 May 2016


Our monthly newsletter addresses consumer insurance topics as well as timely information on issues affecting senior citizens in Louisiana.


To find out if Consumer Advocacy will be in your area or to request a speaker for your organization or group, call (225) 219-0619 or send an email to: consumeradvocacy@ldi.la.gov

Consumer Advocacy Outreach Tour: Women's Health Day

Date: May 11, 2016
Time: 8:00 a.m. - 3:00 p.m.
Location: State Capitol Welcome Center
702 River Road, Baton Rouge, LA

Consumer Advocacy Outreach Tour: St. James Health Fair & Senior Picnic

Date: May 11, 2016
Time: 9:00 a.m. - 1:00 p.m.
Location: Lutcher Park
2601 Lutcher Avenue, Lutcher, LA

Consumer Advocacy Outreach Tour: BREC Community Health Fair

Date: May 12, 2016
Time: 9:00 a.m. - 2:00 p.m.
Location: North Sherwood Forest Community Park
3140 North Sherwood Forest Drive, Baton Rouge, LA

Consumer Advocacy Outreach Tour: New Orleans Senior Fest

Date: May 26, 2016
Time: 9:00 a.m. - 1:30 p.m.
Location: UNO Lakefront Arena
6801 Franklin Avenue, New Orleans, LA

Louisiana Insurers' Conference Annual Compliance Seminar and Legislative Review

Date: August 4-5, 2016
Time: 7:30 a.m.
Location: Hotel Monteleone
214 Royal Street, New Orleans, LA 70130  

View Louisiana's Open Meetings Law on the legislative website by clicking here.



 Understand Your Risk, Know Your Flood Insurance Options

With the Atlantic Hurricane season beginning June 1, now may be a good time to start reviewing your insurance policies. Since flood damage is not covered by a typical homeowners insurance policy, flood insurance can provide coverage for physical and structural damage caused by rising waters.

Also remember there’s a 30-day waiting period from date of purchase before a flood insurance policy goes into effect. To qualify for National Flood Insurance you must live in a community that participates in the National Flood Insurance Program.  Flood maps can help families assess their risk. The levels are divided into three categories:

  • High Risk: Homeowners in this area are usually required to buy flood insurance because the area has at least a one percent chance of flooding.
  • Moderate-to-low Risk: Flood insurance is not required but recommended. The area has less chance of flooding annually.
  • Undetermined Risk: A flood hazard study has not been conducted but a flood risk exists.
Flood insurance is sold by licensed insurance agents. You can call your agent or company to get a quote or visit www.floodsmart.gov for more information.


Retirement Security

Long-Term Care: What You Should Know

Long–term care refers to a wide range of medical, personal and social services. You may need this type of care if you have a prolonged illness or disability. This care may include help with daily activities, as well as home health care, adult daycare, nursing home care or care in a group living facility. Long–term care insurance is one way to pay for long–term care. It is designed to cover all or some of the services provided by long–term care.

Here are a few things you should consider before buying long-term insurance care:
  • Age and Life Expectancy: A lower premium is likely when you purchase a policy at a younger age.
  • Gender: Women have longer life expectancies and are more likely to need care.
  • Family Care: Do you have a spouse or children that could care for you in your home? Make sure to buy a policy that fits your needs.
  • Health status: Does your family history put you at risk for certain diseases?
Some states, including Louisiana, have long–term care insurance programs designed to help people with the financial impact of spending down to meet Medicaid eligibility standards. Under these “partnership” programs, when you buy a federally qualified partnership policy, you will receive partial protection against the normal Medicaid requirement to spend down your assets to become eligible. For more information on Louisiana’s program, please click here.

For more information on long-term care, you can visit our website www.ldi.la.gov/longtermcare.


Moving boxes with fragile sticker

Cover Your Bases Before Moving

Thinking about packing up and settling in a new space? The National Association of Insurance Commissioners has a few tips to keep in mind when making a move:  
  • While you’re stacking items in boxes it’s a good time to take inventory. A detailed list will help if some items are damaged or stolen. 
  • A moving company should be prepared to show proof of liability and worker’s compensation insurance.  
  • Don’t forget to give your auto and home insurer a phone call to update your policy, review coverage, and ask all necessary questions about insurance in your new location. 
The goal is to remain covered until you’re out of your old home. Coverage should begin on a new residence the day you close on a deal. A home warranty could help with the cost of repairs to some appliances in a new home. Not all warranties will be regulated by a state’s department of insurance. Also, don’t forget about health insurance. Look for doctors and other emergency care in your provider’s network. For more tips on how to make the process of moving easier click here


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Office of Consumer Advocacy
(225) 219-0619 or (800) 259-5300

P.O Box 94214

Baton Rouge, LA 70804-9214