![]() | |
![]() | |
![]() |
Elder Care Information |
|
![]() |
Introducing the Best Available Long Term Care Policy Guarantee
If you're 60 to 70 years old ... or have a family member who is ... then what you are about to discover could help prevent the complete erosion of your estate. In fact, it's probably the most important asset you could ever own. Let me explain why. For over 24 years, I have helped hundreds of individuals understand and implement money saving ideas. From the birth of an innocent newborn to the demise of a crafty senior I've witnessed families in every financial situation imaginable. As my clients age (and me along with them), I can tell you without hesitation the biggest fear of growing old is losing your ability to remain independent. Although we are living longer, we are not necessarily living better. Chronic disease is rampant ... and it strikes with a vengeance when you least expect it. How many people who have experienced a stroke knew it was going to happen to them? How many anticipated that particular moment when they began to forget things? The facts speak for themselves. Literally millions of Americans require long term care ... either in nursing homes, day care centers, assisted living facilities or in their own homes. And the cost of providing this care is outrageous with no end in sight. Now, if you think it will never happen to you ... I'm sorry. This article doesn't try to convince anyone about the likelihood of their needing care before they die. It's meant for those who understand and appreciate the need to arm themselves with protection against the horrific expense of long term care. In fact, this article is ideal for those who have already looked at traditional types of long term care policies and are trying to determine which type is best for them. One of the biggest objections to buying a long term care policy is that if the benefit is never needed the premiums paid for the policy will be wasted. This is somewhat like buying automobile insurance. You have to pay the premium in order to get your car repaired. But what if you never have an accident. Is that considered losing your premium? Funny isn't it? People hardly question paying for car insurance, but they frequently resist doing so for a long term care policy. So... what if you could always get your premium back - guaranteed - if you never require any long term care? And, what if you die before receiving long term care? Wouldn't it be great if your loved ones could recover 100% of your premium expense? How about this? You actually use up all of your long term care benefit. And then you die. What if your family could still get back 10 percent of your premium. Now if you know anything about long term care policies you're probably wondering why you haven't heard of this type before. One reason is because it is non-traditional and not included in the mainstream marketing of long term care policies. Another is because it takes a large sum of money to buy the policy. $50,000 is typical and it's a one-time single premium, which means you will never get stuck with a premium increase. It is not uncommon for people between 60 and 70 to have large sums of money stashed away in bank CDs earning low interest. Kind of an emergency fund. Transferring a portion of this fund into the policy makes sense because the money continues to earn interest. Besides, it usually pays more than the bank ... plus, the policy interest is tax deferred. It's also common for people this age to have old life insurance policies with significant cash value. Many times it's possible to transfer the cash into the long term care policy and still retain a meaningful death benefit. And the future long term care benefit could easily be worth over one million dollars. This policy has a 90 day waiting period before benefits are paid. The length of the benefit can be as short as 4 years or as long as your lifetime. You can also get a 5% compound interest inflation protection rider to help keep up with the rising cost of care. The name of this policy is MoneyGuard. It is a universal life insurance policy with a long term care rider. The issuing life insurance company is Lincoln Life, a subsidiary of Lincoln Financial Group. By the way, this policy was initially developed by Penn-Pacific Life many years ago. They have years of experience and an excellent reputation. Lincoln recently bought Penn-Pacific. Ask your life insurance agent to get you more information about this single premium policy. For the right situation it is absolutely the best guarantee in a long term care policy. Don Adams is a 24 year veteran financial consultant who has helped hundreds of individuals solve a variety of problems related to money matters. More information is available at http://personal-finance-on-the-net.com
MORE RESOURCES: Can Montana Elder Care Survive the Montana Legislature? Flathead Beacon The financial realities of elder care & long-term care insurance Church Executive Magazine New Jersey Man and Company Operating Nursing Homes and ... Department of Justice GAO: CMS Nursing Home Ownership Information Lacks Transparency RevCycleIntelligence.com Inside Japan’s long experiment in automating elder care MIT Technology Review Eldest sibling worries about elder care The Boston Globe Does Medicare Cover Physical Therapy? ElderLawAnswers.com When to Consider Moving to a Senior Care Facility U.S. News & World Report What Is Memory Care, and What Are Its Benefits? ElderLawAnswers.com Capasso named Health Dimensions Group senior care executive ... McKnight's Long-Term Care News InnovAge, Denver elder-care provider cut off by Medicare, can now accept new PACE clients The Denver Post Opinion: Athena nursing homes address workforce shortage The Connecticut Mirror Virtual reality-based therapies now covered by insurance for some ... McKnight's Senior Living As Long-Term Care Staffing Crisis Worsens, Immigrants Can Bridge the Gaps Kaiser Health News Rural nursing home workers demand better working conditions WKBW 7 News Buffalo Flurry of Medicare Advantage regulation likely to hit nursing home ... McKnight's Long-Term Care News Genesis Healthcare, after years of shrinking, is adding nursing homes again in Pennsylvania The Philadelphia Inquirer Riverside nursing home staffer charged with stealing checks from ... Foster's Daily Democrat Texas, Nebraska Led Nation in Nursing Home Closures in 2022 Skilled Nursing News Bright Horizons Family Solutions Announces Date of Fourth Quarter ... InvestorsObserver Glenn Youngkin | Governor.Virginia.gov Virginia Governor Ralph Northam - Proclamation Senior care providers urge Montana lawmakers to boost Medicaid ... Montana Free Press CMS Assessing Schizophrenia Coding, Publicly Displaying ... HealthLeaders Media Nursing Homes Beat Siloed Care, Reduce Hospitalizations with ... Skilled Nursing News Unexpected Medicaid increase saves 146-year-old nursing home ... McKnight's Long-Term Care News Speciality care use falls after nursing home admission: report - McKnight's Long-Term Care News Older LGBTQ adults face unique challenges in giving and receiving ... American Heart Association News Is AI the future of elder care? The Jerusalem Post Zimbabwean pastors flee ministry to join more lucrative care work in ... Baptist News Global The Debate Over the Future of Witherell Greenwich Sentinel As latest Pappas development moves forward in DeKalb, what's next ... Shaw Local News Network Calendar for Jan. 28 Examiner Enterprise The 10 Best Jamaican Resorts Forbes Nursing Home Giant Good Samaritan Society to Exit 15 States ... Skilled Nursing News Heather Brooks collecting items for Willard nursing home fire victims Port Clinton News Herald Family Council for residents of Crestpark Nursing Home to hold ... Stuttgart Daily Leader Families will likely have to help more as caregivers Spectrum News 1 Will Nursing Home Take Ownership of My Dad's House? ElderLawAnswers.com Elder Care Law January 2023 News Channel 5 Nashville Cautionary Tale: Staffing Mandate Collides with Nursing Home ... Skilled Nursing News 80% of Nursing Home Providers 'Very Concerned' About Possible ... Skilled Nursing News Rehab benefits nursing home residents ill with COVID, study finds - - McKnight's Long-Term Care News Rehab benefits nursing home residents ill with COVID, study finds - McKnight's Long-Term Care News Nursing home neglect and elder abuse lawsuit claim review Top Class Actions South Jersey nurse honored for excellence The Sun Newspapers How Digital Health Technology Can Combat Elderly Abuse HIT Consultant NY nursing homes go months without elder care oversight visit The Journal News The role of immigrants in the market for elder care Brookings Institution Britain’s Hard Lessons From Handing Elder Care Over to Private Equity Kaiser Health News Trilogy Health breaks ground on elder care center in Lancaster Lancaster Eagle Gazette Montana’s elder care system is broken Explore Big Sky |
![]() |
![]() |
![]() |
RELATED ARTICLES
Alzheimers Care Giving While Maintaining Your Own Health Just for a moment I want you to imagine that you are coming out of a very deep sleep. If you have ever had surgery try to remember the way you felt as you were trying to make sense of things as you awoke. Compare Nursing Homes Finding the best nursing home is easier than you might think. That is assuming there is more than one nursing home in your area so that you have something to compare. Strategies on Paying for Nursing Home Care and Medicaid The decision to place your loved one into a nursing home is anextremely difficult decision, often causing much guilt for thecaregiver. It is a very emotional decision for most clients we see andmost are under a certain amount of stress, often great, when facing whatthey consider to be a drastic course of action. Why Everyone Over 50 Should be Training for the Senior Games by Phil Campbell, M.S. 10 Tips to Keep a Family Caregiver from Losing Their Mind Caring full time for a loved one can be a challenging task, and it takes a special person to get the job done right. Patience and compassion are the two top qualities a caregiver must possess in order to be successful. Using The Proper Wheelchair Will Make Your Everyday Life Easier If you have an injury or a health problem that restricts your mobility, you can achieve the independence you desire with a wheelchair that's just right for you. Wheelchairs are constructed for people of every size, shape, and age, and have features designed to meet the many diverse interests of users and appropriate for the various levels of assistance required. Prevent or Delay Alzheimers Disease Argh! Where are my glasses? I put them down . . Scaling Down (almost) Painlessly Moving to a smaller house or apartment in a retirement community almost always involves a certain degree of trauma, both for the elder who's moving and for family members. However, by planning ahead you can reduce the discomfort involved and turn what might well become a nightmare into a pleasant event. When Assistance with Long Term Care Becomes Necessary According to the Administration on Aging, it is estimated by 2030, the older population will more than double to approximately 71.5 million. Scaling Down (Almost) Painlessly Moving to a smaller house or apartment in a retirement community almost always involves a certain degree of trauma, both for the elder who's moving and for family members. However, by planning ahead you can reduce the discomfort involved and turn what might well become a nightmare into a pleasant event. The Right Wheelchair Accessories Will Ease Your Life and Your Journeys on Wheels Wheelchairs come in every shape and size with sufficient options that you can find the wheels you like to take you where you want to go with the assistance you need. To enhance the comfort and convenience of your journey, choose accessories tailored to provide the best support for your activities and your health concerns. The Dryer Ate Your Underwear! Q: My mom is in the early stages of dementia and she is also incontinent we have tried to get her to stop wearing her underpants and have her start wearing pull-up diapers, she throws the Depends out the door and puts her underpants on. Of coarse we have a lot of laundry! How should I handle this?A: This one should be fairly easy to solve. Hinged Rail Stair Lifts If a door at the top or the bottom of the stairs may be blocked by the rail of the stairlift, there are a number of models designed to overcome this problem. Some manufacturers are able to produce a rail with reduced overhang upstairs, so the lift will not protrude as far into the hallway. Paying For Elder Care Just Got Easier It's not a surprise that thousands of families across the nation are facing the challlenges of an aging population. The "sandwich" generation, those who are caring for their children as well as their parents, have been feeling the financial pinch of caring for loved ones. Exercise Walking For Seniors: Preventing Foot Problems Exercise has a very important role in the general health and the quality of life of everyone, but especially in seniors. Seniors who walk tend to look younger, sleep more soundly and have fewer visits to the doctor. Board and Care Homes - What Are They? Board and Care homes (also known as RCFE's - Residential Care Facilities for the Elderly) are residential private homes that have been licensed by the Department of Social Services to provide services to seniors. Most accept no more than six residents, but offer a cozy, home-like setting for frail seniors. Review of the Changing Protein Requirements for Seniors Youth, it is said, is wasted on the young. Too busy figuring life they hardly take the time to enjoy it. Arizona Assisted Living Homes -- The Alternative to High Priced Senior Care The cost of skilled nursing care is slowly rising. Currently, the average cost of care in Arizona ranges from $3,500 to $4,500 per month. Senior Living: 5 Ways to Help Reduce the Risk of Falling Every year we hear stories of seniors falling, ending up in hospitals and never fully recovering. Unfortunately, these falls often result in death. Whos Gonna Take Care of You When Youre Old? I finally went to the doctor this morning for my bad cold. My appointment was for 9:30 am and yet I didn't get home until after 1:00 pm. ![]() |
home | site map |
© 2009 Asteroidsearch .com |