The Need For Long Term Care Insurance

The need for LTC/HHC Insurance has never been greater. I am reminded on a daily basis from real life stories of children stricken with the cost of taking care of their ageing parents. My advice for all producers is to complete a fact finder for your clients needs. As baby boomers retire at a rate of 10,000 per day in America, a large portion of them will require some assistance. The cost is extreme. Usually ranging from $3500.00 per month to $8,000.00 per month. (per person) Many insurance companies offer coverage. It is prudent for your client to obtain coverage at an earlier age, therefore the premiums will be affordable as they age. My advice is to promote this coverage for anyone over the age of 50. The coverage is available to your prospects into their 80's. So it is never to late to discuss this important coverage. The products are strictly underwritten as the carriers are taking on a huge risk. As a licensed professional you have a responsibility to inform your clients of what products will protect there life savings. More importantly you should inform them on how they may keep there independence & dignity in there golden years.

I am proud of the quality business that my family of Global Insurance Group agents have provided to our clients. The LTC/HHC business will be utilized in the future by a large portion of our clients.