Long Term Care (LTC) is needed when a chronic condition such as Alzheimer’s or stroke makes it too difficult to function independently. It covers a broad spectrum of services from home care to adult day care and assisted living, to nursing facility care.

LTC insurance may be your best option to help cover the future costs of care. It protects assets from serious erosion, while allowing access to quality care in the most appropriate and desirable setting. Some consider LTC insurance a gift to their families, unburdening them from caregiving responsibilities, while at the same time, providing “inheritance insurance.”

Certain pre-existing health conditions may make it impossible for you to qualify for long term care insurance. But if you are in relatively good health, now is the time to start the process.

Important Considerations

It makes financial sense to consider Long Term Care insurance now because securing coverage today is far more economical than applying in the future.

Buy Before Your Next Birthday. Your age when you apply will impact your premium payments for as long as you have insurance. Once you’re insured, premiums do not increase just because you get older. Waiting doesn’t pay—if you purchase sooner, you may pay less over time.

Chances Are You’ll Never Be Healthier. You’ll save significantly—as much as 20% annually—if you qualify for a preferred health discount. You’ll receive the discount for the lifetime of the policy, regardless of future health changes. As you age, your chances of qualifying for preferred rates will likely diminish. If you wait too long, a sudden decline in health could even become a barrier to obtaining coverage.

Schedule your no-obligation telephone consultation today. Compare rates and features from leading insurers. Sponsored group, preferred health, and married/partner discounts available.

When should I buy LTC insurance?

Waiting too long to buy a policy can be very costly. Experts recommend purchasing a policy when you’re in your 40s or 50s, when you’re likely still healthy, and before you develop a condition that could require care. Our LTC specialists can help you develop a plan that’s appropriate for both your current financial situation and your future objectives.

How much coverage do I need?

Your ideal coverage will depend on your budget, your geographic location, and your individual preference for future care options. Your decision to purchase will also depend on how much care you anticipate receiving from family members and friends.

What if I never need long term care?

For people who are concerned about their future LTC needs but not certain that traditional policies are the solution for them, there’s a newer kind of insurance option that is growing in popularity.  Often called “hybrid,” “linked-benefit,” or “combo products,” these policies typically incorporate LTC benefits with a life insurance policy or annuity.  Our advisors can explain more about the various options available.

After I speak with an advisor, am I under any obligation?

No, our advisory services are complimentary, and there is no limit on the amount of time our advisors can spend with you.  Our licensed experts are here to help with planning and also with the purchase of insurance products.

Files

What You Need to Know About LTC

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Care or Companionship

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Real Life Stories: Peace of Mind for The Long Term

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We work with leading carriers including:  Mutual of Omaha, Lincoln Financial, MassMutual, One America, Securian, The Guardian, Transamerica