Long Term Care Insurance
Click here for a Long Term Care Insurance quote
Because of advances in modern medicine and life-style changes, the number of people over the age of 65 is projected to double by the year 2050. Unfortunately, as people age, they are more likely to suffer from chronic illnesses such as strokes or Alzheimer’s.
Statistically, Americans over the age of 65 face a 40% risk of entering a nursing home for Long Term Care services.
Long term care insurance can be confusing, no matter who you are, especially if you don't know who to turn to for expert advice. The good news is that Streets Insurance provides the help you need.
Top 10 Reasons Why You Want Long Term Care Insurance - click here
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Unless you're living below poverty level, the government won't
pay a dime for long term care. What about Medicare? After a 3 day
hospital stay, under recuperative circumstances, Medicare will
pay some of your care costs for a limited amount of time, but
only for short term, skilled nursing care.
- In 2006, the national average cost for nursing homes was $195.00
per day. Assisted living costs average $188 per day. Can you afford
to pay this price?
- A Harvard University study showed that over 50% of all people
entering a care situation are penniless within one year.
- At age 65, women have a 50% chance of spending time in a nursing
home. Men have a 33% chance. Woman generally out live men, and
therefore can care for their husbands, if they are able. Many are
not able ~ the stress of caregiving can be debilitating.
- Few people would enjoy being on welfare if they knew what it
meant. Medicaid is welfare. Trust me, you don't want to go on the
dole, unless absolutely necessary. It's humiliating and Medicaid
recipients are known to get lesser quality care.
- Sure kids want to help, but would you honestly ask your children
to work less hours or forfeit their jobs in order to care for you?
You have done your best to give them a better lifestyle. Will you
risk their lives now?
- The longer you wait, the higher the premium costs.
- Just as you can't buy fire insurance for a burning house, you
can't buy long term care insurance once you've been diagnosed as
a possible long term care risk. Get it while you can!
- Long term care costs are expensive. Only those who can afford
it get top-quality care.
- Unless you are very wealthy or have good insurance, you will be dependent upon your family's care (if they can provide it) or at the mercy of governmental agencies. If you value your family, your estate, your independence and your freedom of choice, then be smart and prepare now.
Click here for the State Long Term Care Insurance Guide.
Click here for a Long Term Care Insurance quote
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