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?

 
   
   
Lily Ho of Foresters Equity Services Inc.
19720 E. Walnut drive South , suite 205 • Walnut, CA • 91789
Phone: 626-202-0102 • Fax: 626-441-5191
www.lilyho.com • lily@lilyho.com

 


 Registered Representative and Investment Advisor Representative offering Securities and Investment Advisory Services through Foresters Equity Services, Inc., a Registered Broker-Dealer, Member FINRA, SIPC and a Registered Investment Advisor.  Corporate office-6640 Lusk Blvd., Suite A202, San Diego, CA 92121; Tel.  858-550-4844  858-550-4844


 Foresters Equity Services Inc. and its affiliates do not provide legal or tax advice. Please seek assistance with an attorney and/or tax advisor regarding your individual circumstances.