Proper Plan Design
Don't over insure
Keep the premiums comfortable
If you live to age 65 there is a 70% chance that you will need LTC at some point; 50% of those who live to age 85 will be diagnosed with Alzheimer’s*
An informed consumer is more likely to retain control over where and how LTC services are provided, and over the allocation of assets and estate.
Fear of aging and its associated problems leads to denial, and denial prevents people from assessing their probable long-term care needs and taking action to address those needs. Benjamin Franklin had it right, “if you fail to plan, then your plan is to fail”.
Watch this very important televised video about the benefits of Long Term Care Insurance.
M. Gabrielle Gelo, CLTC
Insurance agent specializing in
Long Term Care Planning