Tag Archives: asset protection

Cost Of Long Term Care

Hello, A lot of people incorrectly assume that health insurance and Medicare will cover long term care. They cover medically necessary care for up to 100 days, or until you stop improving or stablize. After that, you’re on your own. … Continue reading

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30 States Have Laws Requiring Children to Repay Medicaid for Parents Care

Filial responsibility laws date back to 17th century English law requiring children to financially support their parents when they couldn’t support themselves. Because of age, or maybe an illness like Alzheimer’s, millions of Americans are no longer able to take … Continue reading

Posted in Alzheimer's, asset protection, Dementia, long term care, Long term care insurance, memory problems, nursing home, senior health, seniors, skilled nursing | Tagged , , , , , , , , , ,

Have you insured your retirement?

Most long term care funds come from life savings or retirement savings. Many times, people put sophisticated plans in place to pay for their lifestyle during retirement. These plans are designed to create an income stream to pay everyday living … Continue reading

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John Hancock’s New Performance LTC

John Hancock’s newest long term care insurance policy the Performance LTC is entirely different than other companies. The older one gets the lower their premium.* Click on sample charts below then cick again (+) to see full size. Contact us if you have … Continue reading

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Delaware LTC Partnership Now Available

Now Delaware residents can protect their assets and estate with qualified long term care insurance policies. Get your quote today.

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Genworth’s New Policy Starts July 21

This is yet another change to Genworth’s current PC Flex policy. There are more restrictions, fewer options and tighter underwriting. * Maximum benefit from $400 to $300 per day (equivalent monthly). * 5 year is maximum benefit period, no more … Continue reading

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How to pay $6,000 or more a month for long term care.

As insurance brokers we hear this all the time “I’ll invest the money instead of paying premiums for insurance.” For every $1,000 of monthly retirement income you want to generate  from your own savings, you will need about $230,000 in assets,  … Continue reading

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