Since 1993
Do You Have A Plan For Your Golden Years
90% of those turning 65 don't have a Long Term Care plan in place. Studies show this is because they are unaware of affordable options available to them.
We help you develop an affordable plan for your family that gives you the most options, and protects your assets. Knowledge is power.
The earlier you get a Long Term Care plan in place, the more options you will have now and when you need it. If you plan correctly, you will be able to stay at home with your loved ones around you.
We bring the "How To Pay For Long Term Care Seminar" to you 1 on 1 or to groups. We schedule large groups or you can invite friends/family to a place you choose.
Call Ken 602-418-0694 or email kenberg444@gmail.com to schedule an appointment.
Primary Ways To Preserve Your Assets
Long Term Care
For a Long Term Care policy to activate you must not be able to perform at least 2 Activities of Daily Living (ADL's). This is based on a doctors evaluation. ADL's are listed below:
- Bathing - This may just be someone available in case of a fall.
- Personal Hygiene - Brushing hair.
- Dressing - Help with socks.
- Toileting.
- Transferring - In and out of bed, wheelchair etc.
- Eating.
There are 2 types of Long Term Care policies:
- Reimbursement - Authorized expenses by someone certified to provide the service or an assisted living facility.
- Indemnity - You receive money to be used as you see fit.
See below for things covered in the seminar.
Life Insurance
Types of Life Insurance available:
- Term Life - Terminates at a specific time in the future. Inexpensive.
- Whole Life - Premiums will not change. Can be expensive.
- Universal Life - Mix between Whole life and Term.
- Final Expense - Primarily for final expenses. Usually $25,000 or less.
Most Life Insurance through employers is Term and cannot be continued if you leave that employer. We recommend you have an individual policy that is permanent and transportable. This can also double as your Long Term Care policy.
Medicare Supplements and Advantage Plans
This is the second most critical decision you make to protect your assets. Medical costs in retirement can put your assets at risk if you do not have the proper coverage.
Medicare Advantage Plans are also referred to as Healthcare Plans. They have no or very low rates. They are usually less out of pocket to age 70 but become much more expensive in later years due to declining health.
Medicare Supplements cover almost all costs but there is a monthly charge. After initial Medicare enrollment you must medically qualify to have a Medicare Supplement.
Many seniors declare bankruptcy due to medical costs.
Give Ken a call at 602-418-0694 for more information. We have Advantage Plans and Supplements available.
Bring your spouse and children to our free educational seminar.
How To Pay For Long Term Care Seminars Cover:
- Government programs (ALTCS & VA)
- Long Term Care Insurance options
- Life insurance with a Long Term Care Rider
- Annuity with a Long Term Care Rider
- Asset based life insurance - This is the most cost effective plan. It doubles as a Life Insurance Policy.
You owe it to yourself to find out if your current Long Term Care plan is the best for you. Many new options are now available. Traditional Unlimited Long Term Care Policies are no longer available for purchase.
If you do not have a Long Term Care Plan in place, your family may be in financial trouble in the future. Bring your adult children so they will not have the same issue. If you have no plan it will fall to your children to figure out how to pay for your Long Term Care.