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?

 
   
   
Investment Planning Group, Inc
25117 Detroit Rd Suite 210 • Westlake, OH • 44145
Phone: 440-899-7700 • Fax: 440-899-7704
• cdivito@investmentplanninggroup.com

Securities and advisory services offered through Independent Financial Group, LLC, a registered broker-dealer and investment advisor. Member FINRA/SIPC Office of supervisory jurisdiction: 12636 High Bluff Drive, Suite 100, San Diego, CA. 92130

Investment Planning Group, Inc., and Independent Financial Group and not affilited.

Securities licensed in OH, PA TX, AZ, CA, FL, MD, IL and NY. Fee based or advisory services are available to residents of OH

This Communication is strictly intended for individuals residing in the states listed above, where the registered representative is licensed to conduct securities business, and as an investment advisor. No offers may be made to or accepted from anyone outside of the specific states refernce.

 

 

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