LTCI Cost of Waiting  

What is the cost of waiting to buy long-term care insurance?

There is a time-honored phrase related to long-term care insurance and it goes like this: "Your money pays for long-term care insurance, but your health buys it."

As one ages, the risk of not being able to qualify for long-term care insurance may increase due to deteriorating health.

In addition to the risks of health problems as we age, the dollar cost of long-term care insurance rises dramatically because the insurer has less time to accumulate sufficient reserves to cover its part of the risk.

     

What is your current age?

What is the annual premium for a long-term-care policy at your current age? (If you do not know the premium, see your insurance professional for a complimentary quote.)

$

If you delay purchasing long-term care coverage now, at what age might you buy it in the future?

At what age do you anticipate requiring long-term care benefits?

 
   
   
Daniel J. Galli & Associates
101 Longwater Circle, Suite 201 • Norwell, MA • 02061
Phone: (781) 878-2322 • Fax: (781) 878-6618
• info@djgalli.com

 

Securities and investment advisory services offered solely through Ameritas Investment Corp. (AIC).  Member FINRA/SIPC.  AIC and Daniel J. Galli & Associates are not affiliated.  Additional products and services that are not offered through AIC may be available through Daniel J. Galli or Daniel J. Galli & Associates

 

 

Licensed for insurance sales in (MA, RI, NH, WA).

Licensed for securities sales in (CA, CT, FL, MA, MD, ME, MI, MO, NC, NH, NY, OR, PA, RI, SC, TX, WA).

 

This is not intended as an offer of services or a solicitation of sales in any jurisdiction where we are not licensed or the products described are not available.