Long-term care insurance is not a one-size fits all type of policy.
You should purchase the amount of long term care insurance that’s right for you.
When thinking about your long-term care insurance policy options, it is important to take the following into consideration:
Level of your personal assets you wish to protect
Long term care insurance should be a factor in your overall retirement planning. Because needs, resources and personal situations differ, our long term care insurance advisors will guide you through your long term care options and help you select the coverage that’s right for you.
Current cost of care of where you live or plan to retire
Whether you plan to move to a warmer climate or closer to your family, the cost of care varies by state and by region. Where you retire is an important factor in determining the amount of long term care insurance coverage you will need. Current Cost of Care Studies will help you estimate your needs.
Length of time you’d like to be covered
Generally, studies show that people need long term care assistance for an average of three years. Still, you will want to take into account your health as well as any family history of prolonged illness such as Alzheimer's or Parkinson's disease that may require you to need care for a longer period of time
Your Current Age
If you are young and in good health, it might be decades before you ever need to receive care. Thus, it is important to consider including inflation protection within your plan.
Inflation protection will help your long term care insurance benefits keep up with the rising cost of care. Even your most proactive financial plan will fail if your plan does not account for inflation in estimating your future long term care needs.
As you can see, there are many issues to think about when designing your coverage.
As an independent agent serving consumers nationwide, I will speak with you objectively about all of your various options available today: whether you are considering a traditional long term care insurance policy; or a hybrid linked benefit long term care policy such as Lincoln Moneyguard or Pacific Life Premier Care.
Being independent, I recognize that long term care planning can encompass a variety of solutions. I understand that with long term care planning you have a variety of options--and there are not necessarily any right or wrong choices. I will help you sort through your options and find the right policy at the best price for your needs.
To discuss your long term care insurance coverage options, please call me direct toll free at 1-800-891-5824.
Or you may complete our easy quote request form. Thank you. I look forward to helping you plan for your long term care needs.