Long Term Care Insurance
Learn more about your Cost of Care
Take a look at this Risk Diagram. Anyone who has ever managed or provided care for an elderly parent or relative understands the importance of planning ahead for their own future long term care needs. But if you have not experienced the significant financial, physical and emotional impact of a caregiving situation, there are so many important reasons to start your long-term care planning process now. Call today for a free consultation with Blaine Grow to learn more!
Discounts are available for married couples, families, people who engage in healthy activities, and more. You might think you can’t afford this, but with my experience I can help you afford a policy that provides some very good protection. I am a nurse advocate for long term care and appointed through Anchor Health to offer a discount through the American Nurses Association – ANA, to nurses and their spouses.
We do have plans that pay a cash indemnity when disability occurs, rather than just reimbursement of expenses. That way, you can pay a family member or friend directly for your care, rather than a home health care agency. This helps in rural areas which have limited access to a home health care agency.
There is a 70% chance to need some long term care after age 65. For a couple, there is a 90% chance that, at least one will need long term care.
The need for long term care protection is even greater now than in the past for several reasons.
|“For 60 years Rita and Joseph enjoyed their ranch 60 miles Northeast of La Grande, Oregon. Married over 65 years, they wisely put in place a long-term care plan before their retirement years. This plan is now meeting their individual needs exceptionally well. Each of them has separate and distinct challenges of aging. With many policies they would be fortunate to even live in the same facility. However, they are blessed to share not only the same facility, but also the same room and caregivers. They and their family are very pleased with the care and provisions of their plan. As their daughter, I am grateful for the expert, trained care my parents are receiving on a 24/7/365 basis in the community they love.” ~ Julie S., Portland, OR|
First, we are living longer, and as such, the reality is that our children may be already old when we need long term care ourselves. Second, families don’t live as close to their parents as in the past. Often, both spouses work and cannot re-devote their lives and time away from work and/or their own family responsibilities. Third, statistically, 40% of long term care situations happen to folks under age 65.
Do you really want to burden your loved ones to take care of you? Do you want them to feed, dress, bathe you when you can’t take care of yourself? Do you want to give your life’s savings away for your end-of-life care, or for an unexpected disability that makes it impossible to take care of yourself?
Finally, knowing that the above questions are all “NO”, what are you going to do about it?
The costs of care is rising fast.
Wouldn’t it be nice to have a long term care policy that is tax deductible, grows with inflation costs, to keep pace with rising prices?
Wouldn’t it be great to preserve your age and your health today?
Wouldn’t it be great to protect the greatest risk you have as a senior, the risk of losing your assets and independence to long term care?
We have traditional long term care plans, or hybrid plans – life/LTC, or annuity/LTC plans. We have life insurance where you can accelerate the benefits for critical care, or chronic care.
If your health is marginal already, we have short-term care plans which are very relaxed with underwriting.
Give us a call so we can help you with this important decision, and not leave it up to chance!
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