People report they don't want to burden their spouse or children with helping them with day to day activities!

So what to do? Buy Long Term Care insurance. Buying means:

» Your Spouse/Family has a special pool of funds so professionals can be hired to provide your assistance.

» Your children won't have to change their life to come help you!

 

People mention in this two minute video from Life Happens why they did not want to burden family.

Life Happens, a non profit insurance education organization I support, has two other useful videos:

Buying also means a person will not have to use up their hard earned saving nest egg. Thus, they can:

» Continue to support a spouse or,

» Have fund to leave a legacy which says to others:

     - They helped others with their funds not themselves.

Many people say their change in health was "unexpected".

There is an old saying and it's very true today - "Life is what happens when you are making other plans"! Yes thinking about an "unexpected" change in health is difficult but taking action now means decisions on assistance in the future will be much easier.

These questions may be useful to help you think about:

  • Do you want to stay at home if assistance is needed?
  • Do you have a pile of money you can draw on to pay for very expensive professional assistance? Could family help you pay?

People report "running out of money" is a very Big Concern thus buying Long Term Care insurance means:

  • Paying for help with the plans pool of funds will protects their hard earned savings.
  • They will   Be in Control of their living situation — can Maintain Dignity — will not Burden loved ones.

Have a Question?

You found information and need help figuring out what it all means!

Call John today -

(860) 739-0005

for answers and to talk about the values you and your family gain by insuring your savings nest egg and income.

 

Isn't Long Term Care insurance expensive?

Yes & No! Yes the cost of buying is high because assistance professionals are very expensive here in CT. No because even when paying for a long time this special insurance, is just pennies compared to the very large amount you would have to take from income & savings when paying for help yourself.

For some individuals Long Term Care insurance's special age based tax deduction may help lower their cost.

Will help really be needed?

No one knows or can predict what is going to happen tomorrow or in 5 or 10 years. However, we do know the risk something will is much higher than the risk the home or car insurance we readily buy will be needed.

Helping Connecticut residents.

Surveys report health related insurance is confusing, frustrating, and overwhelming. Thus, John's focus as a professional Long Term Care insurance (LTCi) advisor is to:

» First - Eliminate the confusion and help you understand how the certainty of paying a known amount for a plan is much better than the uncertainty (it's big!) of paying an unknown amount (could be significant) for assistance.

» Second - Help create a lower cost plan. How? Plan to pay for some assistance using income at the time and some savings/investments. Then buy a plan with a lower Monthly Benefit so some funds will be there to hire part of the professional support!

» Third - Share insights and information to help you make an informed and effective decision on this complicated insurance by regularly updating these pages:

Additional insights are posted periodically on the Long Term Care insurance in Connecticut blog.

John C Parker, has achieved professional designations as a Long Term Care Insurance professional and a Registered Health Underwriter. John is licensed to conduct business in CT (644135) and RI (1058420) and does not solicit or sell in other states.

This site shares insights from extensive involvement in professional associations, industry conferences, working with leading Long Term Care Insurance organizations, and individual research. These pages do not advocate a specific company or plan.

 

Insightful advice - no cost to you.

John’s commitment to helping individuals prepare for needing help with day to day activities, in the most economical way, is rooted in parents needing long term services.

Call Now for a Free Consultation [860.739.0005]

 

Free Little Book

The ABC's of Long Term Care Insurance

Connecticut residents - send a note with your address and this little book will be mailed to you. Lots of useful information from Phyllis Shelton can help determine if Long Term Care insurance is right for you and your family.

eMail John for a free copy »

Call John today - (860) 739-0005 - we can visit; answer questions; and there will be no pressure. The meeting is free too.