How Much Long Term Care Insurance is Enough?When it comes to insurance there isn't a one-size fits all approach. This is especially true when it comes to long-term care insurance. When thinking about your long-term care insurance policy, it is important to take the following into account: Protecting Your Assets Long term care insurance should be a factor in your overall retirement planning. Because needs, resources, and personal situations differ it's important to discuss your situation with a trusted advisor. Current Long Term Care Costs The cost of LTC varies by state and by region. For example, in San Francisco a semi-private room costs $12,000/month, a private room is $15,000/month, and home health care costs about $6,000/month. CLICK HERE FOR THE COST OF LONG TERM CARE IN YOUR AREA. How Much Care Will You Need The duration and level of long-term care will vary from person to person and often change over time. Here are some statistics to take into account:
The table below shows the largest LTC claims paid by One America: As you can see, there are many issues surrounding buying long term care insurance. We know you have questions so give us a call and let's sort them out. |
Long Term Care (LTC) Insurance
- What is Long Term Care Insurance?
- State Mandated LTC
- How Much Long Term Care Insurance is Enough?
- NOW is The Time for Long Term Planning
- Fact vs Fiction About Long Term Care Insurance
- Long Term Care Insurance with a Guaranteed Death Benefit
- Cost/Benefits of a Single Premium Policy for an Affluent Client
- Solution for a High Net Worth Client
- LTC Insurance Can Be a Winner
- Frequently Asked Questions
Have to say more
Type your text here