Long Term Care

Long Term Care allows you to insure yourself against one of the greatest financial risks facing Americans today.

Over time, the cost of long-term care services can have a profound effect on your savings. Without adequate protection, you run the risk of quickly depleting your hard-earned assets.

Consider this:

• 4 of 5 persons over the age of 65 will require some type of long-term care
• Medicare will, under certain conditions, pay for part of the expenses incurred for the first 100 days of skilled long-term care services
• Medicaid is a government welfare program that generally requires the “spending down” of assets before benefits are offered.

Long-Term Care Insurance:

• Annual premiums often average less than 1% of an individual’s assets
• Gives you the flexibility to receive care in your own home rather than a facility
• Puts you in control of your well being
• Can help protect the assets you spent a lifetime accumulating.

Contact George Goodman at GGoodman@allanblockinsurance.com for more information.