Three Reasons You Should Buy Long-Term Care Insurance Right Now
If you’re like a lot of Americans, you probably have a tendency to put off certain expenses as long as you can. For some, life insurance is an added expense they don’t want to consider in their 20’s, 30’s, or even in their 40’s. When you have children and others counting on you, though, you have a tendency to be more mature in your thinking and likely consider purchasing some types of insurance like this.
Long-Term Care Insurance Quote Oceanside CA – Three Reasons You Should Buy Long-Term Care Insurance Right Now
For long-term care insurance, it may not seem practical to begin a policy like this in your 20’s, 30’s, or 40’s. After all, what would be the point if you can’t even envision needing a home care aide, nursing home care, or some other long-term care in the next couple of decades?
There are plenty of great reasons why long-term care insurance is a valuable asset and one to consider beginning as soon as possible. Here are three you might want to take seriously.
Reason #1: It’s responsible.
Just like carrying life insurance and having a will is responsible for an adult who has income, assets, or a family, the same is true about long-term care insurance. You might not think you’ll ever need long-term care, but an automobile accident, heart attack, stroke, or some other emergency could be just around the corner.
Just because you don’t feel there’s a great risk of anything like this happening doesn’t mean it can’t or won’t.
Reason #2: You simply never know when long-term care will be needed.
If you’re married, what would happen in the event you or your spouse was injured and disabled in an accident? What if there was a medical emergency? What if you went in for basic surgery and there were complications and it was going to take many months or even years before you were able to get back to normal health?
You could end up spending all your savings and forcing your family to sell off all assets to help pay for that level of coverage over several years. We don’t know what tomorrow will bring, and long-term care insurance can offer great peace of mind.
Reason #3: It’s affordable.
The older you are, the more a long-term care insurance policy will cost. It’s the same basic premise as with life insurance. If you are in your 30’s, 40’s, or 50’s, long-term care insurance is going to be far more affordable than if you wait until your 60’s or 70’s.
Contact an insurance broker today and get a quote to see just how reasonable a long-term care insurance policy could be for you and your family.
If you or a loved-one are considering Long-Term Care Insurance Quote in Oceanside CA, please contact Steve Elliott at Capstone Insurance for an honest discussion about your future and your options. Call today (858) 350-3161.
I work with all the major insurance companies and my objective is to help my clients determine if long term care protection makes sense for them and if so, to help them shop the market to find the best company at the best rate
I specialize in Traditional Long Term Care Insurance as well as Hybrid Long Term Care Plans which are either a combination of Life Insurance and Long Term Care or an Annuity Plan with Long Term Care
I’ve been specializing exclusively in Long-Term Care Insurance Planning for over 21 years.
Steve was recognized as a 2003 Long Term Care Expert of the Year at The National Long Term Care Producers Summit
2006 was awarded Senior Market Advisor of the Year Finalist by Senior Market Advisor Magazine
National Speaker for Numerous Industry Meetings
Awarded Nations Top 10 Agent 8 times by the American Association of Long Term Care Insurance
Author of numerous published articles on long term care planning
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