Owning Long Term Care insurance means:

  • Having peace of mind knowing you won't burden family. They will be free to manage the professionals providing your assistance, help as they can, plus care about you.
  • You can be as independent as possible in your home and retain your dignity since you have funds to hire assistance.
  • Children won't have to face the difficult and emotional tasks of helping parents use the toilet!
  • Conflict won't develop between sons/daughters, over spending parent's saving nest egg for one vs retaining funds for the other.

How does this special insurance - best called

"Key Family Protection"© work?


How does this special kind of insurance work?

You gain access to a guaranteed pool of funds. For example:

      A Couple age 55 selects a Shared Benefit plan with an Benefit Amount of $4,500 a month, a Benefit Period of four years, 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.

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.

Call John C Parker today - 860.739.0005 - to discuss your interests and 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 the state and federal funding provided to MedicAID today, which is not guaranteed, continue to be available in the future?

  • Some people think it will continue so they plan to wait and apply if needed.
  • Many don't want to live in 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 long term services are usually only available in certain nursing homes. More information on how government care works.

Some points about the cost of a plan:


  • The amount you pay 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 in comparison to the significant amount of funds needed to pay for services yourself.
  • The cost vs risk of your home or auto insurance, which we all readily buy, is much lower than the cost/risk of long term health insurance!  

I understand plan costs are expensive - but what do people who own a plan say?


  • Three in four report they would have had to get by with less assistance.
  • Two out of three said they would not have been able to pay for assistance and would have had to burden family and friends to provide help.

An important but little understood value - owning insurance has a positive affect on taxes!

The money received in benefits from your plan is tax free! On the other hand taxes have to be paid on dollars withdrawn from your investments to pay for help yourself!

The IRS allows a person, who purchased a tax qualified Long Term Care insurance plan, a partial deduction based on age when completing the IRS 1040. Here are the allowable amounts and other details.

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

Some of the 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.