It's never too early to look into Long-Term Care Financing and Planning. You may not like the prospect of ever needing any assistance with your simple daily activities. Needing assistance does also not mean the end of a productive life. Many older adults that receive assistance with the activities of daily living may still enjoy many activities like playing bridge, book clubs, spending time with their families just to name a few.
Long-Term Care insurance can provide for in-home care, assisted living and nursing home care. Having a plan in place is the equivalent of planning for your next vacation. Don't you want to be the one to make the decision of how and where you will receive your care when the time comes?
It is important not to "stick your head in the sand" when it comes to planning for long-term care. It is a responsible thing to do for you and for your family.
You need to investigate the insurance company carefully before buying a long-term care policy. You should consult with a Long-Term Care insurance Specialist, one with additional education and training in Long-Term Care Planning. An independent agent can compare multiple carriers without being bias toward any one company.
For additional education and a good online source Visit: LongTermCareInsurancePros
Monday, December 22, 2008
Saturday, December 13, 2008
Long-Term Care...It's a Women's Issue!
The Women’s Institute for Financial Education gives a good overview of why long term care is a crucial financial and emotional issue for women;
Women, especially, bear the brunt of these care costs. Because women live longer than men, they require lengthier care as they age, and because women often assume responsibility for their family’s health and welfare, the task of caring for elderly parents, an ill spouse, or disabled brothers and sisters usually falls to us. With long-term care insurance, you can get the assistance you need and your loved ones deserve.
Longevity and social expectations tend to shift the burden of care as well as the need for care to women. Because of this, insurance for long term care an important issue to consider in the financial planning and protection. Remember that planning for long-term medical care is just another part of a continuous lifelong financial plan. An Long-Term Care insurance specialist can assist you in exploring whether Long Term Care insurance is appropriate for you and your family.
Women, especially, bear the brunt of these care costs. Because women live longer than men, they require lengthier care as they age, and because women often assume responsibility for their family’s health and welfare, the task of caring for elderly parents, an ill spouse, or disabled brothers and sisters usually falls to us. With long-term care insurance, you can get the assistance you need and your loved ones deserve.
Longevity and social expectations tend to shift the burden of care as well as the need for care to women. Because of this, insurance for long term care an important issue to consider in the financial planning and protection. Remember that planning for long-term medical care is just another part of a continuous lifelong financial plan. An Long-Term Care insurance specialist can assist you in exploring whether Long Term Care insurance is appropriate for you and your family.
Saturday, December 6, 2008
Long-Term Care Insurance-Helps Supplement Retirement Savings
With the collapse of the stock market, the once healthy nest eggs have left baby boomers and many retirees unable to pay for long-term care costs. It may take years to recoup the losses to their stock portfolio. The average cost for a year’s stay in a nursing home is $77,000.00. Older investors may now be short of funds for costly long-term medical care if their health fails.
Many retirees and workers nearing retirement have counted on retirement savings to effectively self insure against health-care expenses that are not covered by Medicare, such as at-home care, assisted-living and nursing home facilities.
This is a good time to take a first or second look at long-term care insurance. When looking into long-term care insurance, it is important to consult with a long-term care specialist. An independent agent who represents the top carriers will show no bias toward one company or another.
Many retirees and workers nearing retirement have counted on retirement savings to effectively self insure against health-care expenses that are not covered by Medicare, such as at-home care, assisted-living and nursing home facilities.
It important to purchase long-term care insurance when you are young and in reasonably good health. Most people are not aware of the health underwriting that goes along with applying for this insurance. This has to be part of your retirement planning. This is insurance that will not be utilized for 20-30 years from the time you first purchased it.
There are many factors that need to be considered before applying for long-term care insurance. In most cases, if you are in reasonable good health you can expect to be approved for long-term care insurance. Some of the most common reasons why a person could be declined for long-term care insurance include health conditions such as: multiple sclerosis, Parkinson’s disease, AIDS, ALS (Lou Gehrig’s disease), Alzheimer’s or dementia, muscular dystrophy and certain aggressive and metastatic cancers.
A knowledgeable long-term care specialist will be honest in assessing your candidacy for long-term care insurance with regard to your individual health condition. He/she will know the differences between the carriers. What one carrier may allow, another carrier will automatically decline.
It important to consider that your health rating buys long-term care insurance, but your money pays for it. Without good health, you may not be able to get long-term care insurance at any price.
For more articles and resources, Visit LongTermCareInsurancePros
Many retirees and workers nearing retirement have counted on retirement savings to effectively self insure against health-care expenses that are not covered by Medicare, such as at-home care, assisted-living and nursing home facilities.
This is a good time to take a first or second look at long-term care insurance. When looking into long-term care insurance, it is important to consult with a long-term care specialist. An independent agent who represents the top carriers will show no bias toward one company or another.
Many retirees and workers nearing retirement have counted on retirement savings to effectively self insure against health-care expenses that are not covered by Medicare, such as at-home care, assisted-living and nursing home facilities.
It important to purchase long-term care insurance when you are young and in reasonably good health. Most people are not aware of the health underwriting that goes along with applying for this insurance. This has to be part of your retirement planning. This is insurance that will not be utilized for 20-30 years from the time you first purchased it.
There are many factors that need to be considered before applying for long-term care insurance. In most cases, if you are in reasonable good health you can expect to be approved for long-term care insurance. Some of the most common reasons why a person could be declined for long-term care insurance include health conditions such as: multiple sclerosis, Parkinson’s disease, AIDS, ALS (Lou Gehrig’s disease), Alzheimer’s or dementia, muscular dystrophy and certain aggressive and metastatic cancers.
A knowledgeable long-term care specialist will be honest in assessing your candidacy for long-term care insurance with regard to your individual health condition. He/she will know the differences between the carriers. What one carrier may allow, another carrier will automatically decline.
It important to consider that your health rating buys long-term care insurance, but your money pays for it. Without good health, you may not be able to get long-term care insurance at any price.
For more articles and resources, Visit LongTermCareInsurancePros
Long-Term Care Insurance-Helps Supplement Retirement Savings
With the collapse of the stock market, the once healthy nest eggs have left baby boomers and many retirees unable to pay for long-term care costs. It may take years to recoup the losses to their stock portfolio. The average cost for a year’s stay in a nursing home is $77,000.00. Older investors may now be short of funds for costly long-term medical care if their health fails.
Many retirees and workers nearing retirement have counted on retirement savings to effectively self insure against health-care expenses that are not covered by Medicare, such as at-home care, assisted-living and nursing home facilities.
This is a good time to take a first or second look at long-term care insurance. When looking into long-term care insurance, it is important to consult with a long-term care specialist. An independent agent who represents the top carriers will show no bias toward one company or another.
Many retirees and workers nearing retirement have counted on retirement savings to effectively self insure against health-care expenses that are not covered by Medicare, such as at-home care, assisted-living and nursing home facilities.
It important to purchase long-term care insurance when you are young and in reasonably good health. Most people are not aware of the health underwriting that goes along with applying for this insurance. This has to be part of your retirement planning. This is insurance that will not be utilized for 20-30 years from the time you first purchased it.
There are many factors that need to be considered before applying for long-term care insurance. In most cases, if you are in reasonable good health you can expect to be approved for long-term care insurance. Some of the most common reasons why a person could be declined for long-term care insurance include health conditions such as: multiple sclerosis, Parkinson’s disease, AIDS, ALS (Lou Gehrig’s disease), Alzheimer’s or dementia, muscular dystrophy and certain aggressive and metastatic cancers.
A knowledgeable long-term care specialist will be honest in assessing your candidacy for long-term care insurance with regard to your individual health condition. He/she will know the differences between the carriers. What one carrier may allow, another carrier will automatically decline.
It important to consider that your health rating buys long-term care insurance, but your money pays for it. Without good health, you may not be able to get long-term care insurance at any price.
For more articles and resources, Visit LongTermCareInsurancePros
Many retirees and workers nearing retirement have counted on retirement savings to effectively self insure against health-care expenses that are not covered by Medicare, such as at-home care, assisted-living and nursing home facilities.
This is a good time to take a first or second look at long-term care insurance. When looking into long-term care insurance, it is important to consult with a long-term care specialist. An independent agent who represents the top carriers will show no bias toward one company or another.
Many retirees and workers nearing retirement have counted on retirement savings to effectively self insure against health-care expenses that are not covered by Medicare, such as at-home care, assisted-living and nursing home facilities.
It important to purchase long-term care insurance when you are young and in reasonably good health. Most people are not aware of the health underwriting that goes along with applying for this insurance. This has to be part of your retirement planning. This is insurance that will not be utilized for 20-30 years from the time you first purchased it.
There are many factors that need to be considered before applying for long-term care insurance. In most cases, if you are in reasonable good health you can expect to be approved for long-term care insurance. Some of the most common reasons why a person could be declined for long-term care insurance include health conditions such as: multiple sclerosis, Parkinson’s disease, AIDS, ALS (Lou Gehrig’s disease), Alzheimer’s or dementia, muscular dystrophy and certain aggressive and metastatic cancers.
A knowledgeable long-term care specialist will be honest in assessing your candidacy for long-term care insurance with regard to your individual health condition. He/she will know the differences between the carriers. What one carrier may allow, another carrier will automatically decline.
It important to consider that your health rating buys long-term care insurance, but your money pays for it. Without good health, you may not be able to get long-term care insurance at any price.
For more articles and resources, Visit LongTermCareInsurancePros
Subscribe to:
Posts (Atom)
Posts
