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?

 
   
   
California Financial Works
Suzonne P. Slaughter
CA Insurance License #0B42686

1801 S Excise Avenue
Suite 116
• Ontario, CA • 91761
Phone: 866.400.4285 • Fax: 909.390.8802
• suzonne.slaughter@rgaassoc.com

Registered Representative of and securities offered through OneAmerica Securities, Inc., Member FINRA, SIPC, a Registered Investment Advisor, 1801 South Excise Avenue, Suite 116, Ontario, CA  91761, 909-390-0809, Insurance Representative of American United Life Insurance Company (AUL) and other insurance companies.  California Financial Works is not an affiliate of OneAmerica Securities or AUL and is not a broker dealer or Registered Investment Advisor.  

Suzonne Slaughter is licensed and authorized to conduct life insurance business and securities related business in Arizona, California, Idaho, Nevada, Oregon, Texas, Utah and Washington.  This website is in no way to be construed as an offer for the sale of insurance or securities products in unauthorized states or countries.

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