Why Do You Need Long-Term
According to LongTermCare.gov, ‘Once Americans reach age 65, there is a 70% chance that we will need long-term care!’ A private room in a nursing home can cost $90,000, per person, per year, and memory care units are even more expensive. Even if your estate can afford to pay $500,000 out of pocket, why would you want to? You might think that only “old people” need long-term care, but, nearly 1 in 5 are 65 to 74 years old.
The biggest problem is these are just statistics, and can’t predict which of us will end up paying long-term care expenses. So, planning for some care only makes sense, especially now that long-term care insurance has evolved into a much better product than was possible even five years ago.
You don’t think twice about insuring your car, your home, business or health.
Yet few of these potential perils can compare to the financial devastation of uninsured long-term care costs at $90,000 or more per person, per year.
Finally, Real Solutions for LTC Insurance
Hybrid LTC Insurance is the new solution for protecting your estate against rising long-term care expenses. Our new hybrid plans provide traditional LTC protections, but add four more unique features.
Our policy increases your investment 3-8x current value on day one*
*3-8x, based on your age at policy issuance
Your investment stays liquid with a Return of Premium Benefit
Care Coordination Benefit provides a team to support your care needs
Unused LTC cash value transfers to your estate as a Death Benefit