Every year millions of Americans need some form of long-term care, and if you become one of them, you will want to have a plan in place to help you get the quality care you deserve. At Verble Estate Preservation & Advisors, LLC, we believe we have an obligation to tend to our clients’ needs, especially when they are no longer able to do so themselves, and help ensure that each dollar is spent wisely and with our clients’ best interests in mind.
At Verble Estate Preservation & Advisors, LLC, accounting for your long-term care needs is about more than purchasing an insurance policy: it’s about designing a comprehensive strategy to help protect both your wellbeing and your assets. You shouldn’t have to choose between your health and your financial future. Let us develop a plan that helps ensure your long-term care needs are met, but not at the expense of your finances.
Use it or Lose It
Traditional LTC insurance has become the term “Use it OR Lose it” proposition as the cost will increase at least once if not twice in your lifetime at an average increase of 40% each time not to mention that if you never use the benefits, you lose all the premiums paid over the years that the policy was in force.
Today’s Solution to this Problem you Ask?
Life Insurance with a LTC Rider offers two benefits for the price of one without the pitfalls of traditional LTC insurance plans. They can replace current coverage sometimes at better rates especially when considering paying for two policies at the same time without the fear of the cost rising in the future. This way if you have need for care in your home, an assisted living or even in a nursing home…the benefits are there. If you never use the long term care benefit before passing away, you have left a Legacy by providing the TAX FREE death benefit amount to your loved ones.