However, what if you have some health issues or you are older? Is it too late?
According to a leading specialist, there are affordable options.
“I run into people who have been declined for LTC insurance for a health issue, or are just older. Often, they think there are no options, but many times we do have affordable ways to address the financial costs and burdens of aging,” said Matt McCann, a nationally known expert on Long-Term Care Planning.
McCann researches companies to find an option for individuals with a history of health issues. Companies have different underwriting standards to evaluate the risk and exposures of potential clients.
It is important to work with an expert on Long-Term Care Planning. McCann will help get more information from a client’s doctor to present an existing health condition in a better light.
“If that fails, we have other products which have broader underwriting criteria. This includes a short-term benefit policy or an annuity or life insurance policy with a rider for long-term care. We find the best solution with the best value,” McCann said.
These plans will include coverage for care at home or a facility, and otherwise work like a normal LTC Insurance policy. There are health issues that are uninsurable, but McCann says he is often able to find coverage.
“Long-Term Care will impact you, your family, your savings and your lifestyle. An affordable LTC Insurance policy will safeguard your 401(k), IRA, 403(b) and other assets from the financial costs and burdens of aging. While planning before retirement is ideal we have ways to help people in many situations,” McCann added.
McCann helps clients nationwide. He is endorsed by the American Association for Long Term Care Insurance and represents all the major companies. Thousands of clients enjoy the high level of experience and expertise that McCann Insurance Services offers.
McCann speaks with clients on the phone as they view his computer screen from a special link from his website. This way they can learn their options, ask questions and get professional recommendations without pressure.
McCann recommends several reference websites for research:
LTC Planning News offers articles and resources: www.longtermcareplanningnews.com
US Department of Health and Human Services: www.longtermcare.gov
McCann’s website also features several outstanding resources.
McCann Insurance Services, Darien, IL, 630-487-2480, www.mccannltc.net