You Never Know What Tomorrow Will Bring…Which Is Why Long-Term Care Insurance Is So Vital
Do you know what tomorrow is going to bring into your life? You may have some idea, or at least a plan, but regarding the unexpected, none of us knows the future. Sure, you can go to psychics and read your horoscope, but in truth, nobody knows.
Long-Term Care Insurance Carlsbad CA – You Never Know What Tomorrow Will Bring…Which Is Why Long-Term Care Insurance Is So Vital
Because of that uncertainty, it’s important to be prepared. As prepared as you can be. For example, as you move through your 50’s and approach 60, are you certain that your health is perfect and nothing bad is going to happen to you?
May is National Stroke Awareness Month and people of almost any age can suffer from a stroke. It has happened to people in their 20’s, 30’s, 40’s, and 50’s. The risk increases with age.
The severity of a stroke can also be wide-ranging, leaving some people with barely any permanent injury or repercussions and others unable to walk or talk again.
It’s time to prepare for the unexpected.
Long-term care insurance is a valuable insurance policy that is designed to help aging men and women stay protected in the event they require some type of long-term care.
It’s easy to assume that once you’re 67 Medicare or Medicaid will cover these expenses, but they won’t, not until or unless you use up all of your available assets first.
In other words, you may have a solid retirement portfolio, considerable savings, and own your house. If you have a stroke, heart attack, or face another health emergency that requires long-term care, you will have to pay for that out-of-pocket until you no longer can.
Only then would Medicaid kick in to cover those long-term care expenses.
What about health insurance?
Most health insurance policies will only cover short-term care options. That might be for a few weeks or a couple of months, at most.
When you are discharged from the hospital, you may have to spend several months in a nursing home following a stroke before you’re able to return home. Even then, you will have to work with physical therapist and might require significant care around-the-clock.
Imagine that expense going on for two or three years. For most American families, that would be financially crippling.
There’s no reason to endure that kind of unexpected tragedy when you have the option for long-term care insurance now. The best time to begin a policy is in your early to mid 50’s. Beyond that, the cost of coverage will likely increase and there may also be an increased risk you might not qualify for coverage due to family history or other health issues.
If you or a loved-one are considering Long-Term Care Insurance in Carlsbad 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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