Long Term Care Planning & Long Term Care Insurance

In this video, Ohio-based long term care insurance expert Denise Gott explains why all Americans need to do long term care planning, and most should consider long term care insurance to protect their assets and provide funds for care if and when the need arises. She is a Partner and Board Chairman of LTC Financial Partners, LLC, one of the nation's most experienced long term care insurance agencies.

Category:

Education

Tags:

• Ohio
• long term care insurance
• care
• ltc
• ltcfp
• planning
• health
• video
• asset protection

[KurtLauman]

You have found one of the single best sources of information on long term care insurance. My mission is to provide you with excellent service, helpful advice and useful resources.

[watch4david]

One other thing most care facilities want 6 months fees up front before they will admit you. Lots of seniors use up theirs saving before they claim their long term insurance and then its too late. With the policy my friend has when he applies at care facilities they want him to apply for medicaid and sell his home. Also most insurance companies can raise their rates anytime they feel like it. I just read where on company raised their rates 11 percent. Get a fix rate if you can

[watch4david]

One I have a friend and he thought he was prepared. he bought long term care insurance and paid for in for years with one of the big companies. Well when he needed it, it would only pay $165.00 per day which is about half of what he needs which means his policy is worthless to get him care. Also he has no money saved . With no money you cant even get started to use the policy because you have to pay for the first two months before they reimburse you. Be care full read the fine print.