The Reason More People Consider Long-Term Care Insurance as They Age

By Steve Elliott | June 18, 2018 | Comments Off on The Reason More People Consider Long-Term Care Insurance as They Age

It was a cold morning when you decided to stop by and surprise your mother. She’d been living alone since your father passed, and though you had every intention of checking in on her more frequently, your career, the kids, and a host of other things interfered with that goal. It was that cool, dreary morning when you realized she was struggling and needed care.

Long-Term Care Insurance Companies Encinitas CA - The Reason More People Consider Long-Term Care Insurance as They Age

Long-Term Care Insurance Companies Encinitas CA – The Reason More People Consider Long-Term Care Insurance as They Age

That turned into long-term care before long.

You didn’t have the time to be her primary caregiver, she didn’t want to go to a nursing home (and that was certainly your last choice, too), and assisted living wasn’t affordable, not on her paltry pension and Social Security and you had your hands full with bills, tuition, and more.

You supported her the best you could for a long time, and from seeing firsthand the struggles she endured and the challenges you faced just to be there for her, you began to realize this is not something you want your own children to face if and when that time comes in your own life.

That’s one of the prime reasons you’ve begun looking into long-term care insurance.

Before your mother had these struggles, you didn’t think twice about the cost of long-term care or how much it could benefit those who need it. Getting older was just a part of the natural process of aging and if someone needed help, they’d turn to family.

You did everything you could for your mother, and you don’t lay any guilt or blame on your brother (he lives over 2,000 miles away, so what could he really do to help, anyway?), but that didn’t alleviate the pressure.

And the pressure over the years was intense.

If you could have afforded assisted living, even for the couple of years your mother really needed regular help, it would have been such a relief. If she and your father had only planned for these later years of life better, the pressure wouldn’t have been so intense on you.

Now that you know what could happen, you want to be prepared. And this is why more and more people are beginning to turn to long-term care insurance. They want to be able to choose where they receive help. They don’t want to burden their family and rely exclusively on the ones who live close enough to help. And they certainly don’t want to have a low quality nursing home as their only option because they’re basically broke and will rely on Medicare to help cover those expenses, giving them no other choice.

No, you want options. You want quality. And you want to not be a burden on your adult children or others.

Long-term care insurance can provide all of that, and more. The key is to begin checking out companies that off this insurance early enough that it’s affordable (starting a policy in your mid-40’s might cost $100 per month, for example, but $250/month or more if you wait until you’re 60 … and there’s no guarantee you’ll even be approved for it at that stage in your life). Now is the time to consider it and protect your future, assets, and family from unexpected challenges ahead.

If you or a loved-one are considering Long-Term Care Insurance Companies in Encinitas CA, please contact Steve Elliott at Capstone Insurance for an honest discussion about your future and your options. Call today (858) 350-3161.

Steve Elliott
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