Long Term Care Insurance may be one of the most least known insurance plans in our country.
LTC Insurance helps pay the cost of a nursing home, assisted living facility or at-home care if you are too sick or injured to care for yourself.
Surprisingly, many young people need Long Term Care. Yet, for the most part, LTC is a product designed for our senior population. Senior citizens usually understand long term care and the impact of paying for it.
Nursing homes can easily cost $50,000 or more today - and those costs are rising. Imagine needing 3-4 years of long term care. How much of a dent will that put into your savings and investments?
If you are age 55 or older you seriously should consider asking us for quotes on Arizona Long Term Care Insurance. We can shop your LTC quote with a lot of top rated and top ranked insurance companies to find the BEST plan for you.
Our goal is to assist you in finding a LOW rate with the BEST carrier.
If you are unfamiliar with long term care or
Arizona long term care insurance, please call our office today.
As always, we never pressure anyone and there is no obligation to get more information.
Are you getting older? Concerned about what will happen if you become sick and need assisted living care, at-home nursing assistance or even a nursing home?
A nursing home can cost upwards to $75,000 per year. How long can your finances hold out at that cost? Also, if you need a nursing home care you will need to spend most of your assets before government assistance will kick in.
Long Term Care Insurance is the one product that can help you:
1) Pay for long term care expense
2) Gives you or your family control over where you stay
3) Protects your assets
Call us if you want to learn more about Long Term Care Insurance.
MetLife recently announced they are pulling out of the Long Term Care Insurance market. They still have to continue servicing existing LTC clients and paying claims.
Other carriers may follow suit or make changes to their policies. It was also reported one other long term carrier provider lost a billion dollars, primarily due to costs associated with their long term care payouts.
When insurance companies began selling LTC insurance policies they likely expected a certain percentage of clients to keep their policies for a few years before stopping payments and letting them expire. That has not happened.
To their surprise, a vast majority of clients who bought LTC insurance are keeping the policies.
Truly, it really should not have come as a surprise to insurance companies that this happened. The majority of people who LTC insurance are older and in better shape financially - they can afford those higher LTC premiums.
Plus, Americans are living longer and needing more care than ever before.
There are still companies offering
Long Term Care Insurance in Arizona. If you believe you may need this type of coverage, please call me. We can help you make sense of which companies are "A" rated and offer the best rates.
Do we still recommend LTC insurance? Absolutely, maybe now more than ever. If you want to discuss or get a quote, please call me.
Thanks!!!
Gary Brown, Owner
(480) 659-0229
