3 Common Questions People Have About Long-Term Care Insurance

By Steve Elliott | March 6, 2017 | Comments Off on 3 Common Questions People Have About Long-Term Care Insurance

Questions are easy. Most of us have them, at least from time to time. When you have questions and don’t ask them, that’s when you can run into some problems. Insurance, unfortunately, is the kind of topic people would rather avoid, especially if they don’t see any real inherent value in it. Here are three common questions some people have about long-term care insurance, and the answers that could help certain individuals realize this is an important topic to discuss with loved ones.

Long-Term Care Insurance Companies San Diego CA - Questions About Long-Term Care Insurance

Long-Term Care Insurance Companies San Diego CA – Questions About Long-Term Care Insurance

Common Question #1: Is it really necessary?

Yes, this question will come up a lot because, whenever it’s about insurance, people would rather not carry it and pay that extra expense if they don’t have to. While you may not be thinking about the future or the possibility you could need some type of long-term care, it is possible.

As with most types of insurance, you don’t want to think about the need for it, but if you don’t have some form of insurance and something happens where you could have used it, then you may be in a financial bind or without the support and care you might need at that time in your life.

Common Question #2: What if I never need it?

Could there be a time in your life when you don’t actually need long-term care insurance? Absolutely. In fact, most insurance company specialists will admit they hope you never have to tap into that policy, not because they’re looking out for the best interest of their company, but because they would rather you be protected, healthy, and safe.

If you never need any type of long-term care (in the form of a home care aide, physical therapist, visiting nurse, etc.), then that’s great. Think about it like auto insurance; just because you may never need to rely on it doesn’t mean it’s a good idea to go without, does it?

Common Question #3: How much does it cost?

This is always a tricky question, for many reasons. First, there are many parameters to take into account when determining how much a particular insurance policy may cost. When it’s about long-term care insurance, your age, health factors, family history, desire for a certain level of coverage, and much more will all impact the bottom line quote or cost of the policy.

The best thing you could do when you’re considering long-term care insurance is to meet with a long-terrm care insurance company broker or specialist and discuss all options. Then you’ll gain a better idea about how much it may cost you and/or your family in the future. It’s far better for you to consider this than to hope nothing happens to you or anyone who may be covered with this type of insurance.

If you or a loved-one are considering Long-Term Care Insurance Companies in San Diego 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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