Using life insurance to pay long term care expenses Archives

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 / 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 / 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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Are you prepared?

Featured / Charlie Spencer

We meet with many clients and prospective clients to discuss their life insurance needs. One common thread is the lack of any estate planning. Most people equate estate planning with the wealthy. Yes, the wealthy need estate planning but don’t be fooled, so do the rest of us. What is Estate

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Unsure about Long Term Care Insurance?

Featured / 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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November is Long Term Care Insurance Awareness Month

Featured / Charlie Spencer

We all insure or homes. Did you know the chance of a house fire is 1 in 300? We all insure our cars. Did you know the chance of an auto accident is 1 in 30? Do you insure your retirement assets? Probably not but you spend a lifetime building these assets. Did you know

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Confused about Long Term Care Insurance?

Life insurance, Value Added Services / Charlie Spencer

I am not surprised when I hear people say that Long Term Care Insurance is so confusing that they do nothing. One of the problems is that too many agents make it confusing. It is very simple. Ask yourself “How much of my retirement assets do I want to protect form long term care expenses?”

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Using life insurance to pay long term care expenses

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?

Are you prepared?

Unsure about Long Term Care Insurance?

November is Long Term Care Insurance Awareness Month

Confused about Long Term Care Insurance?

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