long term care Archives - Spencer Insurance Agency Inc.

Understanding Long-Term Care Insurance: A Vital Investment for the Future

In today’s world, where life expectancy is increasing and healthcare costs are rising, planning for long-term care is a critical aspect of financial well-being. Long-term care insurance is a specialized policy designed to provide coverage for extended care services, offering individuals peace of mind and protection against the potentially overwhelming costs associated with chronic illnesses, …

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Tips for Long-Term Care Insurance Planning

General / By Charlie Spencer

Unlike traditional health insurance, long-term care insurance is designed to cover long-term services and supports, including personal and custodial care in a variety of settings such as your home, a community organization, or other facility. Long-term care insurance policies reimburse policyholders a daily amount (up to a pre-selected limit) for services to assist them with …

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Is Long Term Care Insurance right for you?

Featured / By Charlie Spencer

In less than 10 years, all of the nearly 70 million baby boomers will have reached the age of 65. As this massive generation starts to reach an age where extended care is needed, how will families shoulder the cost. Long-term care insurance (LTCI) can be an integral part of any family’s plan no …

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Is Long Term Care Insurance right for me?

Featured / By Charlie Spencer

October is Long Term Care Insurance Awareness Month. Traditional long term care (LTC) insurance policies have become less popular as the renewal cost rose each year making them unaffordable in many cases. When LTC insurance policies were first introduced there was not much data on claims so a lot of assumptions were used. As …

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Are you getting ready to downsize and prepare for retirement?

Featured / By Charlie Spencer

Here is some information from our website about downsizing and preparing for retirement. Your life has changed. It is a lot different than it was a few years ago. Your children graduated from college, possibly married and are out on their own. You and your spouse are now empty nesters. Or possibly your child …

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Is Long Term Care Insurance right for you?

Featured / By Charlie Spencer

Is Long Term Care Insurance right for you? You need to ask that question. Well tax day, April 15, 2019, is behind us now. Taxes are paid or you received an extension. Taxes are bittersweet. They take money out of our pockets but yet provide much needed services. I don’t have a problem paying my …

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What is the #1 threat to your retirement savings?

Featured / By Charlie Spencer

Even if you are in your thirties or forties you need to pay attention to this article. Your future retirement assets are at risk too. You insure your homes yet there is only a 1 in 300 chance of a house fire. You insure your cars and yet there is only a 1 in …

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Want to protect your retirement assets from the #1 threat?

Featured / By Charlie Spencer

You have worked all your life to accumulate a nice nest egg. Don’t let long term care expenses wipe out your nest egg in a few years! Did you know. . . · Chance of a house fire is 1 in 300 · Chance of an auto accident is 1 in …

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Unsure about Long Term Care Insurance?

Featured / By Charlie Spencer

According to Medicare, at least 70% of people over 65 will need long-term care services at some point. Long-term care includes medical and non-medical care for people who have a chronic illness or disability. Non-medical care includes non-skilled personal care assistance, like help with everyday activities, including dressing, bathing, and using the bathroom. Check out …

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Charity Spotlight for January/February

Featured / By Charlie Spencer

Charity Spotlight In December our agency lost a good friend, Joan’s Mom, Marie Schneider. We would like to remember Marie with a donation in her memory to the Alzheimer’s Association’s Delaware Valley Chapter. During the months of January and February, Spencer Insurance Agency will highlight the Alzheimer’s Association Delaware Valley Chapter and for every referral …

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long term care

Understanding Long-Term Care Insurance: A Vital Investment for the Future

Tips for Long-Term Care Insurance Planning

Is Long Term Care Insurance right for you?

Is Long Term Care Insurance right for me?

Are you getting ready to downsize and prepare for retirement?

Is Long Term Care Insurance right for you?

What is the #1 threat to your retirement savings?

Want to protect your retirement assets from the #1 threat?

Unsure about Long Term Care Insurance?

Charity Spotlight for January/February

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