These days, there’s an abundance of information about long-term care services and facilities, but knowledge of how to pay for it seems lacking. This knowledge gap was recently highlighted by “The Motley Fool.”
The article states: “An estimated 48% of Americans aged 55 to 64 are not familiar with long-term care insurance, according to the Center for a Secure Retirement and Bankers Life. And that means these same people might lose out on a key opportunity to make an otherwise terrifying expense a lot more manageable.”
“I highly recommend this article,” says David Katz, a licensed long-term care insurance agent with ACSIA Partners LLC. As a certified long-term care insurance agent, Katz advises on the full range of LTC planning options, which include:
• Traditional long-term care insurance through multiple carriers
• “Hybrid” policies (typically life insurance with long-term care riders)
• Worksite long-term care (portable individual voluntary plans with group advantages)
• Annuities with tax-advantaged long-term care features
• Critical illness insurance
• Additional protections including long-term care education and referrals to top care services
Katz may be reached at http://davidkatzltc.com/ or 203-521-3795.
