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?

 
   
   
Strategic Financial Partners Inc.

Main Office - Colorado Springs
1755 Telstar Drive, Suite 501
Colorado Springs, CO 80920
Phone: 719.388.2011


Office - Salt Lake City
111 East Broadway, Suite 340
Salt Lake City, UT 84111
Phone: 801.869.1800


Office - Ogden
2225 Washington Blvd., Suite 230
Ogden, UT 84401
Phone: 801.399.5409




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Strategic Financial Partners Inc. is independently owned and operated, and offers its own suite of products and services entirely independent of Securian.

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