WHY YOU SHOULD
CONSIDER LONG-TERM
CARE INSURANCE. HOW
SAFE ARE YOUR ASSETS?
If you're concerned about
being financially secure during your
retirement years, you've probably taken
steps to protect the assets you've spent
a lifetime accumulating. You've insured
your health, your home and your car,
but... is there one major risk you have
overlooked? Consider the following
facts:
According
to the U.S. Department of
Health and Human Services, 43%
of individuals over the age of
65 will require long-term care
at some time in their lives.
One partner in 70% of couples
will require it.
Medicare
provides limited coverage for skilled
nursing care only, which
accounts for only 3.6% of the
annual costs nationwide. 98%
of individuals currently in
nursing facilities are
receiving custodial
care, for which Medicare pays
nothing!
According
to U.S. News and World
Report, the average stay
in a nursing facility is 2.9
years, at an average cost of
$36,000 per year. Thus, the
cost of an average stay is in
excess of $100,000!
LONG-TERM
CARE INSURANCE CAN PROTECT
YOUR ASSETS AND PRESERVE YOUR INDEPENDENCE!
Coverage for
care in your own home or
community care facilities
Coverage for
skilled, intermediate and
custodial care services
Coverage for
stays in nursing homes or
assisted care facilities
Benefits for as
long as you need them
Increasing
daily benefits over time to
protect against inflation
Plans tailored
to meet your specific
financial needs
FINANCIAL INSTITUTIONS
When your depositors find
themselves requiring funds to pay for
long-term care, obviously their liquid
deposits in your institution. Guard
against disinter mediation by offering
educational, informative seminars for
your senior depositors.
To find out more about
any of our services, please contact us
at:
Hibernia Mitchell
Insurance Services
Telephone: 800.777.6369
Fax: 925.939.0809
Email: info@hminsure.com P.O. Box 8061, Walnut Creek, CA
94596-8061
