Long Term Care Planning
One of your biggest concerns may not be outliving income, but outliving good health.
Considering that you have to exhaust virtually all of your financial means before Medicaid will pay for long-term care and neither your employer group health insurance nor major medical insurance will cover long-term care, it is important to plan ahead in order to plan for these potential expenses.
Life insurance isn’t for those who have died, it is for those who are left behind. When shopping for life insurance, consider needs such as replacing income so your family can maintain its standard of living, as well as paying for your funeral and estate costs.
We can help evaluate your situation and determine if purchasing a long-term care insurance policy or life insurance is the right move to help insure your financial future.
Neither Senior Partners nor its agents or representatives may give tax, legal, or accounting advice. Individuals should consult with a professional specializing in these areas regarding the applicability of this information to his/her situation.