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?

 
   
   
Ray Evans, www.pegasuskc.com
10851 Mastin Suite 950 • Overland Park, KS • 66210
Phone: (913) 327-1627 • Fax: (913) 323-3250
• ray.evans@lfg.com

Ray Evans is a registered representative of Lincoln Financial Advisors Corp.  

Securities offered through Lincoln Financial Advisors Corporation, a broker/dealer. Investment advisory services offered through Sagemark Consulting, a division of Lincoln Financial Advisors, a registered investment advisor. Insurance offered through Lincoln affiliates and other fine companies. Lincoln Financial Group is the marketing name for Lincoln National Corporation and its affiliate companies.

We are registered to sell Insurance Products in the following states:  Idaho, Illinois, Kansas, Minnesota, Missouri, Texas.

We are registered to sell Securities in the following states:  Arkansas, California, Colorado, Illinois, Indiana, Kansas, Maryland, Minnesota, Missouri, North Carolina, Ohio, Oklahoma, Texas. 

 

Unless otherwise identified, Associates on this website are registered representatives of Lincoln Financial Advisors Corp. Securities offered through Lincoln Financial Advisors Corp., a broker/dealer (Member SIPC). Advisory services offered through Lincoln Financial Advisors Corp. or Sagemark Consulting, a division of Lincoln Financial Advisors Corp. a registered investment advisory. Insurance offered through Lincoln affiliates and other fine companies and state variations thereof. Lincoln Financial Group is the marketing name for Lincoln National Corporation and its affiliates. Firm disclosure information available at www.LFG.com.