1. Client of the Month – August 2015

    Leveraging Qualified Funds into Long-Term Care Husband 65 and wife 64 had a traditional long-term care policy in place that would pay them $200 a day for a period of 3 years. Their company stopped selling long-term care insurance in 2014 and raised the annual premiums to $6700 on our clients. Our Concern: Clients are facing increasing premiums in the years ahead. Because their current company no l…Read More

  2. Stinky Bologna: Long-Term Care Insurance rates will increase to the point where you can’t afford them in the future.

    You know the old saying, “If I had a dime for every time I’ve heard someone say that I’d be rich!” It seems like we hear this lot and the truth is, things have changed. There have been problems with rate increases for people with existing policies but most of those clients have plans with insurance companies who no longer accept new clients. This means the insurance company can only genera…Read More

  3. Stinky Bologna: You can’t qualify for long-term care if you are over 60

    How about 63, 65, 72, 84? Pick a number as we have heard it all in our office. The truth is there is no advantage to waiting to get a long-term care plan as the younger you are the more options you will have and the more insurance you will get for the same investment. However, if you have waited, it doesn’t mean you should assume you are too old as new options are available. Today we have plans …Read More