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?

 
   
   
Michael R. Lampert, Chartered Financial Consultant
1925 Century Park East, Suite 400 • Los Angeles, CA • 90067
Phone: 310-551-3125, extension 239 • Fax: 310-551-0327
www.michaellampert.com • mlampert@prbinc.com

Securities and advisory services offered through Ameritas Investment Corp, (AIC), member FINRA/SIPC. AIC and PRB Insurance and Financial Services are not affiliated. CA Insurance License #0763523

This is not an offer of securities in any jurisdiction, nor is it specifically directed to a resident of any jurisdiction. As with any security,request a prospectus from your registered representative. Read it carefully before you invest or send money. Securities products are limited to residents of California, Florida, New Jersey, New York, Ohio and Oklahoma.