Getting older can be frightening. Everyone who moves into their 60’s and approaches 70 or even 80 will feel anxiety, fear, doubt, and stress build regarding their health, physical abilities, and safety. Some people think about what might happen if they slip and fall and are injured or suffer a heart attack or stroke.
Who’s going to take care of them? Who will look after them? Who can support them and help them get out of bed or into and out of the shower? Who will help them go to the grocery store to get food?
The older a person is, the more family history they have of serious health issues or other risk factors, the more likely he or she will require some type of long-term care in their future. To help protect their savings, investments, and other finances from being completely depleted by long-term care, insurance is a wonderful option.
Yet, some aging Americans worry about long-term care insurance.
One of the greatest concerns many people have when it comes to long-term care insurance is choosing a policy that will actually protect them and give them what they need if and when the time comes to utilize it.
In other words, if you choose a long-term care insurance policy in your mid 50’s, pay the monthly premiums on time every month, will it provide the financial support to pay for long-term care that you need when you need it?
This is why it’s so important to sit down with a broker.
An insurance agent or broker will have the answers to the questions you need to ask. Some people will shop for long-term care insurance policy based almost exclusively on its cost. In other words, they will search for the cheapest monthly premium, assuming it will cover their needs in the future.
There is absolutely no reason to bury one’s head in the sand and hope for the best. If you’re in your mid to late 50’s, this is the perfect time to get a quote and acquire a long-term care insurance policy. Not only will the monthly premiums most likely be the lowest they will be for the rest of your life, you are now at the stage of life where the risk of accidents and health emergencies begins to increase.
Aim for a policy that will pay out for up to three years. Focus on a policy that allows you to choose the long-term care you need, whether it’s home care, a nursing home, assisted living, or something else.
Also focus on a policy that will adjust for inflation. When you’re diligent in your search for a long-term care insurance policy, even those greatest concerns and worries will begin to fall by the wayside so long as you ask the right questions and let an experienced, respected agent or broker guide you through the process.
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.
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