Long Term Care Insurance

Our job is to protect you from many of life’s threats but the biggest threat that we see destroy a family’s wealth and prosperity is the threat of needing care later in life. As Americans continue to live longer, millions will face the prospect of needing or providing long term care at some point in their lives. Many of us have had family members who needed care and have seen the financial and emotional strain that this type of care creates. We know there is a lot of confusion on who pays for Long term care. Many of our clients believe that Medicare and Medicaid will cover these high costs. For a good reference point on what the costs are for long term care; this site is a wonderful tool to see what the average costs are in your area. Click here

Many of our clients have already prepared for care later in life with a good plan from a top insurance carrier. The top reasons they cited for getting covered were:

  1. To not be a burden on their families
  2. To be able to afford quality care in the setting they chose
  3. To protect their spouse's loved one’s quality of life and future security

We recommend that our clients research this topic for themselves and decide how they wish to plan for the future against the threat of needing care later in life. Here is a very good publication to start you on
this subject. Click Here

Disability Income Insurance

Statistics show that in the US a disabling accident occurs, on average, once every second. In fact, Nearly 18.5% of Americans are currently living with a Disability, and 1 out of every 4 persons in the US workforce will suffer a disabling injury before retirement.

Simply put, if you have a job, you most likely need disability insurance. The possibility of a disabling illness or injury may seem remote, but statistics paint a different picture. Nearly one in three women can expect to suffer a disability that keeps them out of work for 90 days or longer at some point during their working years. For men, the odds are about one in four. And one worker in seven can expect to be disabled for five or more years before retirement.

For many, a sudden interruption of income could have serious financial consequences. Most of us have some kind of personal debt, typically a mortgage or credit card bills. Would you be able to maintain your standard of living if you were too ill or injured to work for an extended length of time? Half of all home foreclosures in the United States result from disability, as do an alarming number of personal bankruptcies.

The other thing to keep in mind is that an accident or illness that keeps you out of work for a period of time can be very costly. That’s because people who become disabled not only need to continue providing for loved ones, but for themselves as well. A disabling injury or illness could lead to medical bills, modifications to your car or home, or other unforeseen needs that can be quite expensive. For all these reasons, almost anyone who works—whether they’re single, married, with children or without—should consider disability insurance

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