Long-Term Care Insurance
The best strategy for sheltering your assets from nursing home costs begins with obtaining long-term care insurance. The costs of long-term care are not covered by health insurance and 50 percent of us will need expensive long-term care during our lifetime.
At Dorko Wealth & Estate Planning, we can provide long-term care insurance to those who qualify as part of your overall estate and financial plan.
We offer policies from the best-rated insurance companies, including:
- Mutual of Omaha
- Lincoln Financial
Our clients also hold policies with John Hancock, CNA, and MetLife. If you have an underwriting issue, we do the work to find the insurance company most favorable to your health situation.
Investments with Long-Term Care Provisions
Perhaps you want a money-back guarantee from your insurance company. Or, perhaps, you are not insurable but would like to do all you can to protect your savings from future nursing home costs.
Some other options available to you:
- Universal Life Insurance with a Long-Term Care Benefit - We can steer you to a life insurance policy with a long-term care benefit as well as a money-back guarantee if you decide to change your mind in the future on this investment.
- Annuities with Long-Term Care Benefits - We can match you with the appropriate annuity investment, which will provide you with extra income if you need nursing home care. If you never need care, this investment can continue to grow and can also be available to you and to your family after your passing.
Contact us today to schedule an appointment to discuss planning for long term care and asset shelter planning.