|
|
First the facts:
- 98% of Americans over age 65 do not have long-term care insurance.
- 1 out of 2 people over the age of 65 will need long-term care services.
- The cost of long-term care is $25-50,000 per year and increasing.
- Medicare and your Medicare supplement policies provide VERY, VERY
LIMITED coverage for long-term care.
In light of the above facts, why do so few people buy long-term care
insurance? How can they ignore the needed planning for an event so likely
to happen? If I told you that lightning was going to strike either your
house or the house next door to you tonight, I am certain that you would
make sure you had insurance on your home. Then why don't people plan for
an event that has a 1 in 2 chance of happening to them like long-term
care?
Here's why:
- It might not happen- you might be one of the lucky
people who die in your sleep at home and never need long-term care services.
If you do, you spent all those premiums for long-term care insurance
and it never happened. That's why no one likes insurance in the first
place. You have to pay for it all those years and some people never
use it
- It's expensive- the cost of long-term care insurance
ranges from $1,000 to $3,000 per year depending on your age. The younger
you buy it, the less expensive it is. That's why it is important to
think about it NOW. It is never going to be cheaper than it is today.
- Denial- this kind of goes along with number 1, but
it it even deeper than that. When we start thinking about the fact that
we might not live forever or that we might not spend our last years
in good health, for many people, it is almost unbearable to think about.
What are my options?
- Do NOTHING. Most people don't plan to fail, they
fail to plan. If you do nothing about securing insurance protection
for this catastrophic financial event, the government has a plan for
you. It's called Medicaid. Medicaid will take care of you for long-term
care, but there are several catches that are going to be unacceptable
to many of us.
You will have to spend almost all of your money on your own long-term
care first. When you have no money left, Medicaid will place you
in a facility that has a Medicaid bed available. If there is not one
in your county, they will find you one in another county. THIS IS
NOT THE SOLUTION YOU WANT.
-
Buy long-term care coverage. It's better than number
1, but you still have that nagging problem about spending money on
something that might not happen. If you choose this option be prepared
to spend $1,000-$3,000 per year. If your spouse is to be covered,
you can figure on doubling the above figure.
- ELIMINATE LONG-TERM CARE PREMIUMS
This sounds incredible. That is exactly what I thought when I first
heard about this. After doing my homework, which I always do on new
products, I realized that it really was possible. For many people, this
is going to be the solution to their long-term care dilema.
Our Solution:
- Is an asset based program which uses the repositioning
of existing assets to solve the long-term care problem.
There are no continuing long-term care insurance premiums to pay.
- Provides a 100% money back guarantee of your principal at any time.
- Allows you access to your money in 1 business day.
- Offers competitive market interest rates on a tax deferred basis
- Provides long-term care benefits periods of 2 years, 4 year and lifetime.
- Pays an inflated death benefit to your beneficary.
- Safety provided by a nationally known top 10 "A" rated insurance
company.
The Results:
- If you don't need long-term care services, your money grows at competitive
market rates on a tax deferred basis. YOU WIN!
- If you need long-term care benefits, they are paid for you. YOU
WIN!
- At your death, the death benefit is paid to your beneficary, income
tax free. YOUR BENEFICIARY WINS!
Think of what you can do with the money you will free up with our program.
You can spend it on living!
If this concept makes sense to you, please click below and complete the
form. You will be contacted in 24 hours.
Click here for a quote
|
|
|