When Traditional Health or Medicare Coverage is NOT Enough

Seventy percent (70%) of elderly Americans will need long-term care. Expenditures for this care could potentially wipe out the savings and retirement income of a large portion of retirees.

Do you want to be one of those retirees?

Traditional health coverage or Medicare is not enough. There is a critical need to have a plan that protects you against a long-term care situation—not only to safeguard your assets but also to avoid becoming a burden to your family.

Historically, the first LTC product was a “stand-alone” policy commonly known as Long Term Care Insurance (LTCi) protection. As the economy shifted, carriers vacated the “stand-alone” LTCi product and have been innovating alternative financial products to solve the longevity quagmire.

At its peak, 140+ companies were offering traditional LTCi. Today, less than a dozen offer this LTC chassis. Conversely, more Life Insurance carriers have been entering the long-term care planning universe through “Hybrid” or “Combo” plans that incorporate long-term care benefits and features into traditional life insurance, annuity, and investment products.

We know it’s important for you to have a plan in place, so we’ve created a subdivision called Solutions 3 LTC to address the evolving landscape of long-term care planning options:

• Solution 1: Long-term Care Insurance
• Solution 2: Life Insurance with Long-term Care (referred to as “hybrid plans”)
• Solution 3: Annuities with long-term care/nursing home rider

Call us to schedule an appointment and become educated about the financial realities of long-term care risk and the protections against it.

• Safeguard your assets through a coordinated plan to mitigate risk
• Access innovative new products that meet multiple needs