Your Financial Security and Independence Relies on LTC Planning The economic crisis, now worldwide, has prompted most people to rethink their financial planning. One of the most critical issues in our economic puzzle is the need to plan for long term medical care. This carries a high priority because the costs for this type of care are not covered by health insurance or Medicare and can be $5,000 to $10,000 per month. It can quickly become overwhelming financially. Take a 20-minute questionnaire to determine what benefit needs you may have. Give yourself the opportunity to see an overview of LTC options and companies; learn their strengths and weaknesses and how they pay claims.
Another concern is that long term care (LTC) expenses can occur at any time. Frequently these expenses evolve from a chronic condition such as diabetes or a neurological disorder, but they also occur suddenly and without warning, as with a stroke or serious accident. This impacts the entire family. Because of the troubled stock market and substantial losses in net worth, people who once expected to self-insure are having second thoughts. More of these folks are turning to LTC insurance for protection and as a way to co-insure the risk. The first hurdle for serious shoppers is the number of companies offering LTC insurance and the variety of options. Gathering information and meeting with several agents can be immobilizing. So many people end up doing nothing. Postponing the decision is not in anyone’s best interest. Meeting with a certified advisor, licensed with many top companies, who’s been researching and comparing plans and benefits for over 12 years is in everyone’s best interest. I take the mystery out of LTC Planning and help people take confident, positive steps toward financial security and independence. |