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?

 
   
   
HD Vest
3535 Briarpark, Ste 109 • Houston, TX • 77042-5234
Phone: 713 532 4829 • Fax: 713 954 2099
• lrust@nathans-rust.com

Lori Rust is a registered representative registered to transact business with clients in Texas, Florida,  Louisiana, and Massachusetts.   Lori Rust is also an investment adviser representative licensed in TX, FL, LA & MA.  Lori Rust is insurance licensed in the state of Texas.  If you are not a resident of the states noted above, all investment-related information on this site is for informational purposes only and does not constitute a solicitation or offer to sell securities, investment advisory services or insurance services over the internet.

Securities offered through H.D. Vest Investment ServicesSM, Member *SIPC Advisory Services offered through H.D. Vest Advisory ServicesSM, 3535 Briarpark, Suite 109, Houston, TX 77042-5234, 713 532 4829.  *www.sipc.org

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