WHY DO YOU NEED LONG TERM CARE

Long term care (LTC) is not the subject that everyone would like to talk about with your  partner, kids or your family but LTC is really necessary. This covers the cost of nursing  home, assistance living or taking care at your home ( in home care). It provides to  protect your nest egg or financial status. Medicare does not cover long term care (very  limited). If you pay from your pocket, It can cost you $140.000 on average per year. 

Most of Americans will need some kind of long term care Insurance. After the age  of 65, you have 70% chance to use LTC and 20% needs at least for 5 years. Most of the  American pay down their assets this care. 

Reasons to get Long Term care: 

1. To relieve burden from your family. 

2. To protect your saving or nest egg. 

3. To preserve your life style. 

4. To be able to stay home longer period of time. 

5. To have an options for your care. 

6. To have an options, which assistance living or nursing home would you like to go. 7. To leave your assets to your loved once. 

Who should NOT buy Long term care: 

If you have very little money. You may qualify for Medicaid, a government program  that pays for long term care and medical expense for poor people. If you are expected to  be in this situation, you do not need to purchased care insurance. 

Where to purchased Long term care insurance: 

Average cost of premium for Long term care is $2,700 per year which put the coverage  out of their reach for most of the American but the good new is there are some life  insurance plans which includes the long term care that means you can utilize the money  from your life insurance policy Ask you agent who can find the plan which fits within  your budget. 

Remember: Insurance does purchased with the money. You purchased it from your  health. 

Try For The Best Post Retirement Plans in New Jersey

 

Every person enters a different stage of life when he or she retires from an active job. There were times when you were young and energetic and at the same time received a significant salary while you were still working. Things start to change as he / she approaches retirement or retires from work, and he / she begins to struggle to cover the costs or have to live on a limited pension. In such circumstances, if you invest in a reliable life insurance retirement plan, you won’t have to face financial problems. 

Life insurance has many advantages if you go for a life insurance retirement plan such as:

• First, you can be sure of a continuous flow of monthly finances.

• No need to worry about funding your future needs.

• Insurance policies in the form of retirement plans give the holders the chance to have a fixed monthly income or a lump sum amount on maturity. 

If you are looking for a reliable insurance agency that can help you choose the best retirement plans New Jersey along with life insurance, you are in the right place. Healthinsurance545 is a one-stop-destination for all retirement insurance solutions for you and has a group of trained insurance agents who are familiar with all aspects of insurance coverage and services.

As part of this term life insurance and retirement plan, the plan offers wide-ranging Medicare benefit insurance plans and also specialized in Life Insurance. There is a team of insurance experts and agents who can speak about insurance plans thoroughly in multiple languages such as Hindi, Punjabi, Urdu, Arabic, etc. 

Best retirement insurance plan in New Jersey?

People can choose the Best Retirement Plans New Jersey or if people need guidance on that, we will provide them so that they will take the best retirement insurance plans and can have a stable and stress-free post-retirement life. Investment in a trusted post-retirement insurance plan, you will be able to be free from a financial burden to a great extent post-retirement. The benefits include:

• The insurance holder will have a steady and continuous flow of fiancés monthly. 

• You will have a guaranteed specific return on your invested amount on its maturity. 

Advantages of Choosing Healthinsurance545

• Provide protection to your actual invested amount that is principal and will allow the principal to grow. 

• Tax-free income is guaranteed.

•  You can grow your retirement wealth assets.

• You will be able to overcome from post retirement challenges 

To know more about the benefits and details on retirement insurance plan and term life insurance plan, call us now.