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:
This RSS feed URL is deprecated, please update. New URLs can be found in the footers at https://news.google.com/news


YourErie

Residents return to Rolling Fields Elder Care Community
YourErie
It's a warm and cheerful welcome home for the residents of Rolling Fields Elder Care Community after being displaced by a devastating tornado. There was applause, hugging, tears, and a warm 'welcome home' for the residents of Rolling Fields Elder Care ...

and more »


kuaf.com

More Independent Caregivers Provide At-Home Elder Care
kuaf.com
A growing workforce of independent elder care companions and assistants are helping aging Arkansans to remain at home. Choosing the right caregiver, who has received proper training, takes certain insight. We hear from a few independent caregivers ...



Starbucks, Others Offering Workers Elder-Care Support
Bloomberg Law
Employers are only beginning to catch up in benefit and leave offerings to support workers who care for aging relatives. About 40 million U.S. adults each year provide support with basic functional, household, and medical or nursing tasks to aging ...



Business Wire (press release)

TripleCare and Covenant Health Join to Transform Elder Care Through Telemedicine Technology
Business Wire (press release)
NEW YORK & TEWKSBURY, Mass.--(BUSINESS WIRE)--TripleCare, a national provider of telemedicine-based healthcare to the post-acute care sector, including skilled nursing facilities (SNFs), and Covenant Health, a regional Catholic health care system ...

and more »


York News-Times

York General elder care facilities recognized for outstanding Resident and Employee Satisfaction
York News-Times
YORK — York General Hearthstone and York General Willow Brook Assisted Living have both recently received the Excellence in Action award from NRC Health. This honor, awarded exclusively to NRC Health post-acute clients, recognizes organizations ...



NewsChannel5.com

Takacs McGinnis Elder Care Law Hour: Resources for Income Challenged Seniors
NewsChannel5.com
For many seniors, the “Golden Years” aren't always so golden. Inflation, low-wage jobs, health issues and improper planning are just some of the many reasons those over age 65 can find themselves barely getting by. In today's show, we will talk about ...



Carlisle Sentinel

Elder Care: Keeping an older adult at home
Carlisle Sentinel
An older loved one is having difficulty managing in the family home. Decisions about finding support for your loved one, either through services that would allow the individual to remain at home or a move to another setting; are often fraught with emotion.



Elder Care: Importance of updating beneficiary information
Carlisle Sentinel
As we enter the fall season and get ready to set our clocks back in November, here are some insights to motivate you to finish the year strong by making sure your estate plan is secure. The most important thing to consider when reviewing an estate plan ...



New Eldercare Book, "H.O.P.E for the Alzheimer's Journey ...
PR Newswire (press release)
NEW YORK, Oct. 16, 2018 /PRNewswire/ -- Morgan James' new caregiving book release, H.O.P.E. for the Alzheimer's Journey: Help, Organization, Preparation, ...
New Eldercare Book, 'HOPE for the Alzheimer's Journey' Prepares Alzheimer's CaregiversBroadway World

all 2 news articles »


NBC 7 San Diego

3 Charged for Operating 'Deplorable' Elder Care Facilities
NBC 7 San Diego
The city is cracking down on illegal elder care facilities where seniors live in "deplorable conditions," like a home in City Heights riddled with cockroaches and feces in the shower, City Attorney Mara Elliott said Monday. Petra Garcia Navarro ...


Google News

home | site map
© 2009 Asteroidsearch .om