Buying Time for Family to be Family – Long-Term Care Insurance

Money is important when considering retirement planning and long term care. With longevity comes a concern over finances, or having significant lifestyle changes with age - especially with long-term care services and supportive costs.

Matt McCann, one of the nation’s leading experts on long-term care planning, says the first thing most family members mention when they process a parent’s Long-Term Care claim is that the insurance gave the family the time to be family.

“There are physical, emotional, and financial burdens that the family face when a parent faces a long-term care crisis,” McCann said. “When no advance plan is in place, the full responsibility of caregiving or managing paid care services falls on the adult children. They typically still have their own career and family responsibilities to juggle as they deal with mom or dad’s needs.”

According to McCann, individuals are more aware than ever that affordable Long-Term Care Insurance has a positive impact on American families. New data shows major insurance companies paid $11 Billion in Long-Term Care Insurance benefits in 2019.

Yet, McCann says too many people are under the false impression that health insurance or Medicare, including supplements, play for long-term care. Without an affordable Long-Term Care policy, the full responsibility falls on family and finances.

“As you plan for your future retirement, you should include Long-Term Care Insurance. Most of my clients are ages 45 to 67; the younger and healthier you are, the better since premiums are based, in part by age and health,” McCann said.

Another false impression some people have is Long-Term Care Insurance is expensive. Today’s Long-Term Care Insurance is easy, affordable, and rate stable income and asset protection.

McCann assists clients across the country using a unique process where they able to view his computer screen while they speak with him on the phone. McCann provides accurate quotes instantly, along with a professional recommendation. McCann works with all major insurance companies and can provide an easy way to design a very affordable plan.

Start your own research with these reliable resources. This site provides an answer to frequently asked questions: https://www.ltcnews.com/resources/faq. Partnership Long-Term Care Insurance is offered in 45 states and provides dollar-for-dollar asset protection. The State of Texas explains this program, which works similarly in all 45 states, with this site: https://www.ownyourfuturetexas.org/. McCann’s website also provides essential resource information.

“Learn the facts and discover how easy and affordable planning for the financial costs and burdens of aging can be,” McCann said.

McCann Insurance Services: 866.751.7957: www.mccannltc.net