You Protect Your Home, Car, and Life, but What About Your Assets?

By Steve Elliott | July 17, 2017 | Comments Off on You Protect Your Home, Car, and Life, but What About Your Assets?

In today’s modern society there are many different kinds of insurance. The most common forms are homeowner’s insurance, automobile insurance, health insurance, and life insurance. Many people take on these insurance policies as added expenses into their monthly routine as a way to protect themselves and their family for the future.

Long-Term Care Insurance Quote San Diego CA - You Protect Your Home, Car, and Life, but What About Your Assets?

Long-Term Care Insurance Quote San Diego CA – You Protect Your Home, Car, and Life, but What About Your Assets?

That’s one of the main reasons why people should consider long-term care insurance.

However, most people don’t even consider this type of insurance. The majority of individuals throughout the country simply don’t realize there’s an insurance policy that can help cover long-term care costs.

They don’t look into this because it’s not on their radar.

Most people, when they take out a mortgage, are required by their lender to carry homeowner’s insurance. Anyone who drives a car legally in the United States is required, by law, to have automobile insurance, at least liability coverage. If you have a loan on a brand new vehicle, they will likely require you to carry collision coverage as well.

The Affordable Care Act passed in 2010 required every American to have health insurance. As far as life insurance is concerned, it’s carried significantly less frequently than these other forms of insurance, but since everyone understands their own mortality, they realize the importance and value in having some financial support for loved ones in the event they are no longer around to provide for them.

Long-term care insurance can provide financial support to those who may require some type of long-term care. This can include home care support services, either an aide, visiting nurse, or series of caregivers. It can also help pay for nursing home care and assisted living.

Every policy is different, so a person who may be interested in this type of insurance should sit down with a qualified and experienced broker to go over all provisions of the policy, what’s available, and get a quote for the cost.

The sooner a person starts a policy, the more cost-effective it is.

The same holds true with life insurance. When an individual begins carrying life or long-term care insurance from their 40’s, it can be a lot more cost-effective than if they wait until they are in their 50’s or 60’s before they start up a policy.

An insurance policy helps to protect assets, income, family members, and much more. With long-term care insurance, a person can protect their savings and retirement funds in the event they or another covered individual requires long-term care in the future.

If you or a loved-one are considering Long-Term Care Insurance Quote in San Diego CA, please contact Steve Elliott at Capstone Insurance for an honest discussion about your future and your options. Call today (858) 350-3161.

Steve Elliott
Latest posts by Steve Elliott (see all)
Posted in Long-Term Care Insurance Quote San Diego CA, Questions About Long-Term Care Insurance and tagged