Articles Editor's Blog Reader Mail

Reasons for Long Term Care Insurance? Ashtabula OH

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.

BioRx, LLC
(513) 792-7080
10828 Kenwood Road
Cincinnati, OH

Data Provided by:
Skilled Care Pharmacy
(513) 459-7455
6175 Hi Tek Court
Mason, OH

Data Provided by:
REM Corp.
(937) 743-7775
265 South Pioneer Boulevard
Springboro, OH

Data Provided by:
Pack Pharmacy
(513) 871-7770
2114 Madison Road
Cincinnati, OH

Data Provided by:
Roger Radcliff
10386 Giverny Blvd.
Cincinnati, OH
Type
Investment Advisor Rep: Yes
Service
IRA, 401k, Roth IRA, QDRO Rollovers,CD Alternative,Disability Insurance,Retirement Planning,Investment Consulting & Allocation Design,Estate Tax Planning,Asset Protection Strategies & Planning,401k Rollover From Employer,Income for Life/ Preserve Principal,Medicaid,Annuities,Long-Term Health Care Planning,Insurance & Risk Management Planning,Retirement Income Accumulation Planning,Stock Market Alternative,Medicare Planning,Life Insurance,Investment & Portfolio Management,Annuity Ideas & Strategy

Data Provided by:
Miami Luken Inc.
(937) 743-7775
265 South Pioneer Boulevard
Springboro, OH

Data Provided by:
Medical Communication Consultants, LLC
(513) 891-2337
455 Delta Avenue
Cincinnati, OH

Data Provided by:
Barr Pharmaceuticals
(513) 731-9900
5040 Duramed Drive
Cincinnati, OH

Data Provided by:
Berry Pharmacy Company Inc.
(513) 553-4131
1041 Old US Highway 52
New Richmond, OH

Data Provided by:
Marco Mazzone
8227 Brecksville Road
Brecksville, OH
Type
Investment Advisor Rep: Yes
Registered Investor: Yes
Education
Kent State University/ Accounting
College for Financial Planning
Years Experience
Years Experience: 41
Service
Retirement Planning,Long-Term Health Care Planning,Annuity Ideas & Strategy Planning,Estate Tax Planning,Asset Protection Strategies & Planning,Mortgage Refinancing,IRA, 401k, Roth IRA, QDRO Rollovers,CD Alternative,Alternative Investments,Disability Insurance,Annuities,Alternative Asset Class Planning,Commission-Only Financial Planning (Full Disclosure),Planning For Personal Finances & Budgeting,Retirement Income Accumulation Planning,Fee-Only Comprehensive Financial Planning,401k Rollover From

Data Provided by:
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