While our primary focus for many of our clients begins with Medicare Insurance, there are three other vital insurance products that most everyone should consider:
Long Term Care Insurance
Getting older is something that none of us can avoid. We do not feal the risk that is coming with aging until it is thrust upon us in the form of an injury or illness, and then it is often too late to qualify for an insurance policy. Long Term Care Insurance is what many of us need as we get older or seriously injured and find ourselves unable to perform 2 out of 6 activities of daily living. When this occurs, the question often becomes, who will take care of me and how much will it cost. Long Term Care insurance will pay for many forms of service such as Home Care (this will allow you to stay at home as long as possible), but also includes Adult Day Care, Assisted Living and even Nursing Home Care when your health situation requires extended care and supervision.
Because of modern-day advances in science and medicine, many of us are living longer and in-fact are outliving our partners and our savings. Women (Mothers and Daughters) are often the primary caregivers and the family assets are often depleted while paying for our partners care and services. Because of this, a woman’s financial options for the future are often limited and sometimes eliminated. Simply put, a Long Term Care Insurance policy can help to preserve your assets and independence and relieve you of the task of becoming the primary caregiver. Our goal is to help you design an affordable and effective policy for your future, for you and your partner.
Check out these articles that will help to inform you about the risk you may face in the future!
Life Insurance speaks for itself. It is a great way of helping and supporting those who we leave behind, especially when we suddenly and unexpectedly pass away. Imagine the financial and emotional devastation to those who have just lost a loved-one, as they try to make sense of it all while wrestling with how to replace the missing income and cover the new immediate expenses experienced due to your passing.
There are many types of Life Insurance, and many ways that a policy can be structured to fit your personal needs; but just like Long Term Care Insurance, it also requires reasonably good health to be considered insurable for a low-cost policy. We even have the option to include Long Term Care and Final Care benefits on some plans. Let us help you design a policy that fits your family needs and your personal budget.
Final Expense Insurance
Final Expense Insurance is intended to cover those expenses incurred at the time of your passing. While a standard Life Insurance policy may help pay these costs also, a Final Expense Insurance policy is often purchased by someone in their senior years, with the explicit intention of covering all their passing final expenses. If you are concerned about who will be burdened to pay these costs; this is a great solution. There are several plan options that we can help you design to be affordable and effective.