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If you are looking for long term care insurance now is the time to buy.  No time is too early to purchase this must have wealth preservation insurance. 
 
Why buy long term care insurance now?  Think of it this way, would you buy car insurance after you just wrecked your car?  And if you would, which insurance company would insure a wrecked car? 
 
The moral to the above story......buy long term care insurance now, while you are young and healthy so that you have the insurance when you need it.  
 
We represent many of the nations top long term care insurance companies.  We will shop all of these companies to find you the best mix of price and quality.
 
Call Keith today to get a fast, free, long term care insurance quote.  My direct telephone number is 561-741-8849
LONG TERM CARE
  • It is the day-to-day help you need when an injury, illness or disability makes you unable to take care of yourself.
  • nSpecifically, it is help performing some or all of the six Activities of Daily Living (ADL): Eating, Bathing, Dressing, Transferring from a Bed to a Chair, Continence and using a Toilet.
  • nCare can take place in your home, an assisted living/residential care facility, in your community or in a nursing home.
  • nAssistance can range from help with grocery shopping and cooking to skilled round-the-clock nursing care.
LONG TERM CARE FACTS
  • 50% of all Americans who reach age 65 will need long term care services (1)
  • About 45% of the disabled population are under the age of 65 (2)
  • Most of us cannot afford long term care without private insurance (3)
  • The average annual cost for nursing home care is $56,000 or over $153.00 per day (4)
  • The cost of long term care services could quadruple by 2030 (5)
  • Medicaid - Only provides coverage to the poor.  To qualify you must “spend down” your assets to poverty levels.
  • Medicare - Pays less than 15% of all long term care costs with limited coverage (6)
  • Generally, People Will Probably Qualify for Food Stamps Before They Qualify for Medicaid (7)

(1)The Looming Crisis, American Health Care Association, 2000. P. 1

(2) U. S. Department of Labor – Advisory Council on Employee Welfare and Pension Benefit Plans.    November 14, 2000. P. 9

(3) AARP, “To Buy or Not to Buy”, May-June, 2000. P. 5

(4) U. S. Department of Labor – Advisory Council on Employee Welfare and Pension Benefit Plans. November 14, 2000. P. 12

(5) Can Aging Baby Boomers Avoid the Nursing Home?  Janemarie Mulvery, Ph.D., Barbara, Ph.D., American Council of Life Insurance, March 2000. P.7

(6) U.S. General Accounting Office: Testimony Before the Committee on Finance, U. S. Senate, March 2001

(7) Senior Market Advisor, The New Face of Long-Term Care; October 2001. P. 86