We understand. You’ve looked at extended care plans but you’re still not convinced you’ll ever need care. Even though the U.S. Department of Health & Human Services says that 70% of people turning 65 will need some long term care services, you think you might be one of the lucky 30% who will never need care. And, you’re really concerned that if you buy a policy and never need to use it, you’ll lose all the premium dollars you paid.
Would you like to make sure that you do have coverage in the event you do need care, but if you don’t, you, or your beneficiary, will get all your money back?
In response to concerns like yours, the insurance industry has developed “linked benefit” products. This type of coverage “links” extended care coverage benefits to life insurance policies and annuities. Many top-rated companies have stepped up to develop products that provide very strong extended care benefits (some actually better than stand-alone policies), while at the same time guaranteeing that if you never need care, you, or your beneficiary, will recover all your money.
Does this sound like something you should investigate? If so, simply give us a call, or go to the “request a quote” section, and we will be happy to help you learn about “linked benefit” products so you can determine if this type of solution fits your plan for extended care.
Agent Bill Corr may be reached at 480-854-3510 or email@example.com
Share on Facebook
Share on Twitter
I'm busy working on my blog posts. Watch this space!