When it comes to life insurance, believe us, we understand……
Nobody wants to talk about it. The last thing any family wants to worry about during this time is “MONEY!” College tuition, mortgage payments, car payments, credit card bills, LIFE; it all keeps going after we pass. Life insurance is the single most important financial product that you can buy now for protection in the future. Why?
Simple- We don’t want to see you or your family suffer a financial disaster that could have been prevented by life insurance. We really do care what happens to you and your family.
Our pledge to you:
~ To be open, honest, and above all, caring while discussing and uncovering your needs
~ To explain on your terms- and use language you understand instead of insurance terms.
~ We are experienced professionals with the skills and knowledge to make your experience positive.
~ We will NEVER hard sell you!
The types of protection we offer:
- Term Life Insurance
- Whole Life Insurance
Term Life Insurance
Term Life Insurance is the simplest and least expensive form of insurance. You purchase coverage at specific price for a specified period. If you die during that time, your beneficiary receives the value of the policy. There is no investment component.
Whole Life Insurance
With a Whole Life Insurance Policy, you purchase the policy to cover your “whole life” not just for a predetermined period of time. Premiums remain level throughout the life of the policy, and the company invests a portion of your premiums. Some firms share investment proceeds with policyholders in the form of a dividend. Many companies will offer “a relatively low guaranteed rate of return,” but in reality, pay at a rate in excess of the guarantee.
What is LTC, Long Term Care?
Long term care is something you may need if you can no longer perform everyday tasks by yourself. For example, there may come a time when you need help getting dressed, eating, or bathing. It also includes the kind of care you would need if you had a severe cognitive impairment like Alzheimer’s disease. You can receive this care in a variety of settings including your home, an assisted living facility, or a nursing home.
Long term care can be covered completely or in part by long term care insurance. Most plans let you choose the amount of the coverage you want, as well as how and where you want to use your benefits. A comprehensive plan includes benefits for all levels of care, custodial to skilled.
What Long term Care Isn’t
Long term care isn’t the type of care that you receive in the hospital or your doctor’s office. It isn’t the medical care you need to get well from a sickness or an injury. It isn’t short-term rehabilitation from an accident or recuperation from surgery.
Long term care is not always administered in a nursing home. In fact, more than 80% of all people receiving long term care assistance are not in nursing homes.
Why Would I Ever Need LTC?
The need for Long Term Care usually arises from age or chronic illness, injury, or disability. In fact, approximately 60% of us who reach age 65 will need long term care at some time in our lives.
It Can Happen at Any Age
Many people don’t realize that the need for long term care can strike at any time. Statistics show 40% of people receiving long term care services are working age adults, between the ages of 18 and 64. Would you be prepared for long term care, if you suddenly required it?
As many people have already found out, Regan Insurance Agency is the best stop for a quote on Long Term Care Agency. We are the low cost solution for your Long Term Care Agency.