LTCI Cost of Waiting  

What is the cost of waiting to buy long-term care insurance?

There is a time-honored phrase related to long-term care insurance and it goes like this: "Your money pays for long-term care insurance, but your health buys it."

As one ages, the risk of not being able to qualify for long-term care insurance may increase due to deteriorating health.

In addition to the risks of health problems as we age, the dollar cost of long-term care insurance rises dramatically because the insurer has less time to accumulate sufficient reserves to cover its part of the risk.

     

What is your current age?

What is the annual premium for a long-term-care policy at your current age? (If you do not know the premium, see your insurance professional for a complimentary quote.)

$

If you delay purchasing long-term care coverage now, at what age might you buy it in the future?

At what age do you anticipate requiring long-term care benefits?

 
   
   
Hodnett Insurance Services
4242 Fowler Lane Suite 201 • Diamond Springs, CA • 95619
Phone: 530-622-0592 • Fax: 530-622-1853
• hodnettw@financialnetwork.com

Securities and advisory services offered through Financial Network Investment Corporation, member FINRA, SIPC.

Serving all of El Dorado County including: Diamond Springs, Placerville, Camino, Pollock Pines, Somerset, Mt. Aukum, Grizzly Flat, El Dorado, Shingle Springs, Cameron Park, El Dorado Hills, Georgetown, Rescue, Cool, Pleasant Valley, Coloma, Garden Valley, Lotus, Pilot Hill, and Kyburz. Also parts of Amador County and Sacramento County.


Specializing in: Health / Medical Insurance, Dental Insurance, Vision Insurance, Life Insurance (Term, Universal, Whole), Disability Insurance, Long Term Care.

 

Registered to sell securities  in the following states:  California, Illinois, Ohio and Utah

Licensed to sell insurance products in the following states:  California


Hodnett Insurance Service is not affiliated with Financial Network Investment Corporation

The registered representative(s) and/or investment adviser representative(s) listed on this website are licensed and registered in the following states:

We are licensed to sell Insurance Products in CA.

We are registered to sell Securities in CA,IL,OH,UT.

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