LTC Insurance
WHY do I plan for this ?
A medical crisis has just happened to you- or your loved one! You were diagnosed with something. You were in an accident. You just got out of the hospital. You need help, but where do you go? Who wil pay for that care outside of the hospital? (Answer- not your health insurance!)
The statistics are staggering on the risk to a couple that is in retirement.
WHAT is Extended Care Insurance?
Or better known as Long-Term Care insurance. This coverage will pay (according to the policy) for custodial care in your home, assisted living, adult family care, nursing home or other facilities.
WHO should be looking into this?
Are you in your 40’s? You will find it very affordable- and you have the peace of mind of being insurable at a small monthly premium. And you will be thankful 20 years from now in your 60’s that you have it, because of the low premiums and rich benefits that are growing.
In your 50’s? This is a critical decade you are in. Many start losing their “preferred health“ rating due to doctor’s comments in records or medications and conditions. And the insurance companies’ rates start creeping up year-by-year the longer you wait.
In your 60’s? Medical underwriting may be challenge. And affording the coverage is even a bigger challenge. The insurance companies’ rates are starting to jump each birthday you let go by!
In your 70’s? The options are getting limited. But a quick conversation is definately worthwhile with a LTC specialist! Call us today to see what options you have!
WHEN should I build this Extended Care strategy for myself?
Before your are uninsurable! (Who knows when that is? A diagnosis that is bad. An accident that has prolonged affects. Look into LTC strategy now- and make it affordable!
HOW much will this LTC coverage cost me?
Rule of thumb:
- The longer you wait, the older you get.
- The older you get, the more expensive it gets!
Your factors will depend on your health situation, which products and solutions are available when you apply (they do keep changing), and how much you wish to purchase.
My committment to every client I speak with- “Let’s make it affordable for your budget!”
WHO should I work with on my LTC strategy?
You can work with a “generalist”- someone that sells all kinds of insurance, and only may sell one company products!
Or you can work with a “LTC strategist”- someone that builds affordable strategies for farmers, welders, and structures disability key-man coverage and business overhead plans. This person is more than a “one-trick” pony only offering 1 company products. A LTC strategist can bring the most value to your personal and corporate long term care retirement strategy.
WHAT options do I have if I have employees?
If the Community Living Assistance Servises and Supports (CLASS) Act continues as signed into law on March 23, 2010, the federal government will have a program that is designed for employers. The federal government knows we have too many people unprepared- and so this is their solution.
As a business owner or employer, would you like to see your private LTC insurance options? Jump to our “Only for Business Owners” tab!
Would you like answer to your long-term care coverage questions? It is simple! Let’s have a brief phone conversation together to share information.
Let’s spend 20 minutes on the phone sharing information to see if this Paycheck Protection strategy makes sense for your family, budget, and business. I will send you a special LTC report along with a health questions we consider. You will have concrete numbers and facts in your hands soon!
Isn’t it nice to have answers to questions?
