Articles Editor's Blog Reader Mail

Reasons for Long Term Care Insurance? Abbeville LA

More so perhaps than many other insurances, you'll have to know what kind of person you are (for instance, you are okay with being taken care of by strangers) and what the needs of your family are. And since this insurance gets more expensive over time, you'll need to think about it long before the need arises.

Blaine Jennings Health Insurance
(337) 235-3323
2701 Johnston St #219
Lafayette, LA
 
QuoteLA Brokerage Insurance & Investments
(337) 456-3754
345 Doucet Road
Lafayette, LA
 
Patrick Coogan
9241 Bluebonnet Blvd. Ste. A
Baton Rouge, LA
Company
Title: President
Company: Champion Wealth Strategies
Education
LSU B.S.
Years Experience
Years Experience: 9
Service
Wealth Engineering,Pension for Highly Compensated Owners,Stock Market Alternative,Reverse Mortgage,Disability Insurance,Annuities,Alternative Asset Class Planning,Investment Consulting & Allocation Design,Planning For Personal Finances & Budgeting,Retirement Income Accumulation Planning,Portfolio Engineering,Mortgage Refinancing,IRA, 401k, Roth IRA, QDRO Rollovers,CD Alternative,Alternative Investments,Life Insurance,Investment & Portfolio Management,Long-Term Health Care Planning,Insurance & Ri

Data Provided by:
Physicians Mutual Ins Co
(337) 789-7656
1730 veteran memorial hwy
eunice, LA
 
Ameriplan
(888) 674-9410
401 Clearview Pkwy
Metairie, LA
Prices and/or Promotions
$14.95 - $150.00 / month

Insphere Insurance Solutions
(337) 849-6481
2701 Johnston St #219
Lafayette, LA
 
Dwight Fontana
2895 Highway 190, Suite 224
Mandeville, LA
Company
Title: Registered Representative Investments
Company: Lasalle St. Securities LLC., Member FINRA / SIPC
Education
Bachelor of Science,1980
University of New Orleans
Business Administration
Years Experience
Years Experience: 26
Service
Wealth Management,Life Insurance,Real Estate Investment Planning,Annuity Ideas & Strategy Planning,Retirement Income Distribution Planning,Education Funding & Financial Aid Planning,Health Care Insurance,Retirement Planning,Investment Consulting & Allocation Design,Planning For Personal Finances & Budgeting,Asset Protection Strategies & Planning,Alternative Investments,Annuities,Long-Term Health Care Planning,Insurance & Risk Management Planning,Retirement Income Accumulation Planning

Data Provided by:
Blaine Jennings Health Insurance
(337) 235-3323
2701 Johnston St #219
Lafayette, LA
 
Barry's Cash Cars
3118-323-1815
214 Louisville Avenue
Monroe, LA
 
Bryon J. Moeller Insurance
(504) 495-8320
Greenleaves
Mandeville, LA
 
Data Provided by:

Reasons for Long Term Care Insurance?

Provided By: 

What are the Reasons for Long Term Care Insurance?

Long-term care insurance is not for everyone. You should be looking at your financial situation, your likelihood to need such care (which is increasing all the time as we live longer) and also whether this kind of care solution works for your family.

Some families could not imagine having anyone other than a family member caring for one of their own. In this case, long-term care insurance is not a good buy.

On the other hand, if you live far from family and you have a busy household and working spouse, this type of insurance could be exactly what you'd need in a crisis.

More so perhaps than many other insurances, you'll have to know what kind of person you are (for instance, you are okay with being taken care of by strangers) and what the needs of your family are. And since this insurance gets more expensive over time, you'll need to think about it long before the need arises.

  1. You want to retain your assets as a legacy for your loved ones, rather than exhausting your estate paying for care.
  2. You believe that the odds are high that you'll need long-term care at some point (perhaps because of the longevity of your family line).
  3. You can't count on Medicaid new rules are making it harder and harder to qualify, and you are definitely in the middle income brackets.
  4. You want to be able to take advantage of a potential tax deduction for your premiums which can be another benefit for a middle to higher inco...

Click here to read the rest of this article from Insurance Guide 101

About Us | Contact Us | Link to Us | Privacy Policy | Terms of Use | Insurance Resources | Sitemap