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?

 
   
   
Luhmann Financial Services Inc.
Mailing Address Only:

1096 Calimesa Blvd # D220		 • Calimesa, CA • 92320
Phone: 951-686-8622 • Fax: 951-686-3352
• dluhmann@ifgrr.com

 

 

 

 

 

Registered Representative offering securities and advisory services through Independent Financial Group, LLC (IFG),a Registered Broker-Dealer and Investment Advisor. Member FINRA/SIPC. Luhmann Financial Services and IFG are not affiliated entities.OSJ Branch: 12636 High Bluff Drive Suite 100 San Diego, CA 92130 California Insurance License OA55984.Licensed for securities business in: CA, AZ, Advisory licensed in: CA. AZ Insurance licensed in: CA. AZ        

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