Why it’s smart to make long-term care a
With many people looking and feeling younger than ever, long-term care insurance (LTCI) is often the least of their worries. But the reality is that the average age of Americans is increasing – and their quality of life often isn’t. If you’re in your early-to-mid 50s and healthy, now is the time to start considering LTCI for one very important reason: premiums can be considerably lower. Not only will you pay more by waiting until you’re older, but you could risk being denied coverage altogether if you’ve developed a serious medical condition by then.
Did you know? There’s a 70% likelihood that a person 65 or older will need some form of long-term care.*
What to expect from us
Whether you’re a business offering group coverage or an individual looking for a plan, there are many considerations with LTCI policies. We’ll help you navigate the ins and outs:
- Since premiums often vary widely, we’ll compare coverages and costs from multiple carriers to get you the most competitive price.
- We’ll look at the increasing number of hybrid plans that combine life insurance with LTCI to try and create a “best of both worlds” scenario (if possible).
- We’ll scrutinize policy terms to see if adjustments can be made (like combining coverage with your spouse) that could potentially save you money.
Our agents and brokers are well-versed
Due to the complexity of LTCI policies, our staff here at Rosenthal Insurance undergoes additional training in this field. It’s our way of ensuring that we stay on top of the provisions and changes that affect you most.
For a broader overview on LTCI, we like this article from AARP.
To speak to one our brokers about long-term care insurance, contact us today.