Owning Long Term Care insurance means you will:

  • Have peace of mind knowing your family won't be burdened providing your assistance. They will be free to manage the professionals, help as they can, plus care about you.
  • Have funds to hire assistance, retain your dignity, and be as independent as possible.
  • Not cause children to have to help you use the toilet, which is a difficult and emotional task!
  • Not create conflict between sons/daughters, over spending your saving nest egg for assistance vs retaining funds for your spouse.

How does this special insurance - best called

"Key Family Protection"© work?


How does this special kind of insurance work?

When a change of health happens you and your family can meet, at no cost, with professional care giving counselors to discuss assistance options. These counselors are not insurance company employees nor connected to any service provider you may decide to use.

A care plan is submitted and then the plan pays benefits paid from a guaranteed pool of funds. It can be significant for example:

      A Couple age 55 selects a Shared Benefit plan with a $4,500 a month Benefit Amount, a four year Benefit Period, and the 3% compound inflation option. If assistance is needed at 82, the four year Benefit pool would have grown from $216,000 for each in the first year to $479,798. If one Spouse used all their benefits they can then share the pool of their spouse.

Call John C Parker today - 860.739.0005 - to discuss what is best called "long term health insurance" can mean for you.

What about government coverage?

The government coverage, which pays for long term services is MedicAID (welfare). The question to think about - will MedicAid's state/federal funding, which is not guaranteed, continue to be available in the future?

  • Some people think it will so they plan to wait and apply if needed.
  • Many however don't want the kind of lifestyle, which comes when receiving MedicAID. They believe their dignity would be lost.

Note: In Connecticut MedicAID's reimbursement rates are very low so only certain nursing homes are available. More information on how government care works.

Some points about the cost of buying a plan:


  • Cost is based on your age the date you apply, a detailed review of your current health and medical history, and a big factor - the amount of benefits you select.
  • Many say Long Term Care insurance is expensive but what ever you pay is not expensive compared to the significant funds you would need to pay for services yourself.
  • We all readily buy home and auto insurance but what we pay vs the risk of having to use is much lower than the cost/risk of having to use long term health insurance!  

What do people who bought a plan say?


  • Three in four report they would have had to get by with less assistance.
  • Two out of three report they would have had to burden family and friends to provide help if they did not have their plan.

An important value - owning insurance can have a positive affect on taxes!

The money you receive in benefits is tax free! On the other hand when dollars are withdrawn from your investments to pay for help taxes have to be paid!

Some individuals who purchased a tax qualified Long Term Care insurance plan can benefit from the IRS's age based partial deduction when completing the IRS 1040. Here are the allowable amounts and other details.

Call John C Parker today at 860.739.0005 to learn more. I will get back to you if not available.

Some advantages of taking action today to plan for long term care services are on the next page.

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.