Why do I need your services?Insurance companies are constantly developing new insurance products and changing their pricing policies. That is why it is important that you purchase your LTC policy from a person who knows how to optimize LTC policies.
Can my insurance agent provide this service?To avoid a conflict of interest, and to obtain a different perspective, you should have your LTC policy reviewed by someone other than the agent who sold you the policy.
Is a LTC policy mandatory?Like the long-term care tax that the state of Washington recently implemented, California and other states plan to introduce a tax on employees who do not own a long-term care insurance policy. When a state mandates LTC insurance premiums are likely to increase, and LTC insurance may be difficult to obtain. This is why now would be an opportune time to shop for such a policy.
What is single-premium LTC insurance?A long-term, single payment care policy can protect couples (partners/spouses) from financial disaster. Long-term care in a Skilled Nursing Facility today costs $12,000 a month or $144,000 a year. Medicare and private medical insurance provide minimal benefits. Single premium LTC insurance will cover these costs as long as needed. There are no caps for costs or months. For the average client, the premium for a lifetime of LTC benefits is approximately $117,024 per person. C-corps receive an immediate, sizable tax deduction and individuals are guaranteed cash surrender value which can be counted as an asset. If LTC is never needed, the policy will pay $400,000 upon the death of the second insured -- a 61% gain for the estate. THIS IS A WIN-WIN! Act now -- with each birthday premiums increase and so does the likelihood of being declined for coverage. What is the cost of a review by a CPA?All of our reviews are complimentary. We can do this because the insurance companies compensate us for our services. |