Long Term Care Insurance - Should You Purchase?
At. St. Mary's Senior Connection, we are frequently asked this question and, based on your particular situation, our response is always the same:
- Is it sensible?
- Is it affordable?
- Are you healthy enough to qualify for it?
Long term care insurance can be structured in many different ways, so it’s much different than any other kind of insurance you may be familiar with.
Many factors will determine how we might design a policy to meet your needs and concerns. Factors include your age, your health, your financial situation, your ability to maintain premium payments over many years and why you feel you should have it. Is it to protect your assets? Are you trying to avoid ever having to rely on Medicaid? Do you want to make sure you don’t become a burden to your children? Maybe it’s all of the above.
Our staff will take the time to meet with you personally to determine whether this insurance makes sense for you, and if it can can be designed to be affordable both now and in the future as your income changes.
Call us today to arrange for your free, no obligation appointment.