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?

 
   
   
H Financial Management
400 Southpointe Blvd.
Suite 420		 • Canonsburg, PA • 15317
Phone: 724-745-9406
Fax: 724-745-9408


256 High Street P.O. Box 695 Morgantown, WV 26507
Phone: 304-292-6837
Fax: 304-296-3059
Phone:
www.hfinancialmanagement.com

Securities offered through Triad Advisors, Member FINRA SIPCAdvisory Services offered through H Financial Management. H Financial Management  is not affiliated with Triad Advisors.

400 Southpointe Boulevard, Plaza 1, Suite 420, Canonsburg, PA 15317