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?

 
   
   
Advantage Financial Group Indianapolis
Advantage Financial Group - Kate Marvel
5435 Emerson Way
Suite 450		 • Indianapolis, IN • 46226
Phone: 317-377-0540 • Fax: 317-377-0547



Advantage Financial Group - Grant Stewart
101 E Washington
PO Box 172
Greencastle, IN 46135

Phone: 765-653-2040
Fax: 765-653-1683
• kate.marvel@natplan.com vernon.stewart@natplan.com pamela.frayer@natplan.com cornelius.martin@natplan.com

Securities are not insured by the FDIC or any other federal government agency, have no financial institution guarantee, and may lose value.

All information herein has been prepared solely for informational purposes, and it is not an offer to buy or sell, or a solicitation of an offer to buy or sell any security or instrument or to participate in any particular trading strategy. 

 

 

Securities licensed associates of Advantage Financial Group are Registered Representatives & Investment Adviser Representatives offering securities and investment advisory services through NATIONAL PLANNING CORP. (NPC), NPC of America in FL & NY, Member FINRA/SIPC, and a Registered Investment Adviser. Additional advisory services offered through Advantage Investment Management (AIM), a Registered Investment Adviser. Registered Representatives of NPC may transact securities business in a particular state only if first registered, excluded or exempted from Broker-Dealer, agent or Investment Adviser Representative requirements. In addition, follow-up conversations or meetings with individuals in a particular state that involve either the effecting or attempting to effect transactions in securities, or the rendering of personalized investment advice for compensation, will not be made absent compliance with state Broker-Dealer, agent or Investment Adviser Representative registration requirements, or an applicable exemption or exclusion. Advantage Financial Group, AIM and NPC are separate and unrelated companies


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