Planning for it...
Even though nearly 70% of people over 65 years of age will need some type of long-term care in their remaining lifetime*, most people have not planned for this expense.
Even though the average need for care in a skilled nursing facility is just under three years, 28% will need more than 5 years of care during their lifetime.
Best time to purchase?
When you’re healthy. If you don’t meet the insurance company’s health guidelines when you apply, you can pay a higher premium, or, you can be declined.
The age dilemma...
Nearly 2 out of 3 applicants for traditional Long-Term Care Insurance who over 65 years of age are declined for coverage due to health issues.
Best age to purchase?
Many of my clients start in their 50’s with a Long-Term Care policy. The premium is lower, and, with some policies, you can have a paid-up policy by retirement age.
There are two general types of Long-Term Care Insurance: Traditional Long-Term Care Insurance, and, Asset-Based Long-Term Care Insurance. Allow us to help you determine which is right for you.
Call (559) 734-4288 or Schedule a call today!
Why should you bother with Long-Term Care?
- Dave Ramsey recommends it
- Don’t want to be a burden to children or family members
- Preserve my assets
- Reduce my out-of-pocket costs for care
- Tax Benefits
- Leave a larger estate for my heirs
- Let an insurance company pay the bills for my care
- Don’t want the State to care for me
Alan Benoy Insurance Services
1700 W. Walnut Ave., Suite A
Visalia, CA 93277
P.O Box 3001
Visalia, CA 93278
License Number 0B20964
NOTE: CMS, (Center for Medicare and Medicaid Services), requires that all agents who are contracted with plans selling Medicare Advantage and Part D prescription drug plans provide consumers with the following information: “We do not offer every plan available in your area. We represent 6 organizations which offer 20 products in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov, 1-800-MEDICARE or your local State Health Insurance Program to get information on all of your options.” All marketing, sales and enrollment calls regarding Medicare inquiries must be recorded per CMS.