When my wife's parents were in their 60s, they made a smart decision—they purchased Long-Term Care (LTC) insurance. At the time, they were in good health, and the monthly premiums were affordable. It turned out to be one of the best financial choices they ever made.
Today, they are both 87 years old. Within just two months of each other, they unexpectedly needed to move into an assisted living facility. Thankfully, their Long-Term Care insurance was already in place.
Because of this coverage, they’re able to receive the care they need without tapping into their savings or being forced to sell their estate. Preserving their financial independence has given them peace of mind—and allows them to keep their goal of leaving a meaningful inheritance for their children.
Long-Term Care refers to the assistance or supervision a person may need when they can no longer perform basic "Activities of Daily Living" (ADLs) independently. These include eating, bathing, dressing, toileting, continence, and transferring (such as getting in and out of bed or a chair).
LTC also supports individuals with cognitive impairments, such as those caused by Alzheimer's disease and other neurological conditions.
Planning ahead and "taking care of tomorrow" TODAY made all the difference for my in-laws—and it’s something more people should consider before the need arises.
Give us a call and we can help you get LTC in place. ( In person, Zoom, or phone call)
951-695-9535
Steve LeBaron
Come to our office and get a free gift card for lunch on me!
Click on the link below to set up an appointment:
https://outlook.office.com/
Taking Care of Tomorrow Today!