LONG-TERM CARE

I’m often asked if I think Long-Term Care Insurance (LTCI) is worth the investment.
Deciding whether LTC insurance will be beneficial to you is based on your individual circumstances. These benefits may allow you the option of staying in your home while receiving personal care, medical, and/or rehabilitative support. This type of coverage offers financial protection and preserves your power of choice should you need this type of assistance in the future.

A common concern is that investing in a “stand alone” Long-Term Care policy can be quite costly and may or may not be used. However, there are other options that can provide funds if needed that will retain value if not utilized for care.

Long-Term Care options include:

• A Life Insurance policy with a Long-Term Care rider; cash can be accessed if needed and the policy will ALWAYS have value
• An Annuity with an option for cash advances in the event of critical illness or accident

Together we will find a strategy that best meets your needs.
“It will cost less to have insurance and not need it, than to need it and not have it.”