LTCi Quotes for Test

Marco,

Thanks for completing your health pre-screen. Your long-term care (LTC) insurance quotes are ready.

🏷️ Long-term care costs

For context, here are the current average costs of long-term care.

Home care: $5k-$8k/mo (44 hours/week)
Assisted living: $5k-$8k/mo
Memory care: $6k-$10k/mo
Nursing home: $9k-$15k/mo

On average, men need care for 2.2 years and women for 3.7 years, but Alzheimer’s and other memory care can extend beyond 8 years.

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Cost tool → Compare current and projected costs for home care, assisted living, and more in New Jersey and other states.

👀 First-look quotes

Here are quotes for three policies with increasing monthly costs. Each includes 3% annual benefit growth to keep pace with rising LTC costs. Coverage can start at any point in your lifetime. More than half of us will need care and if that time comes, your benefits will last for a set number of years. All policies cover home care, assisted living, memory care, nursing care, and more.

Your policy doesn't have to cover everything. Assisted-living already includes housing and meals, and any steady income, like Social Security, can bridge the gap that your policy doesn't cover. The goal for most people is meaningful coverage, not paying every dollar.

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These premiums are an initial draft that can be adjusted higher or lower as needed. Many policies let you spread payments over your lifetime for lower monthly costs, or pay in a shorter period (e.g., once or over 5 years) for lower total cost. 👍🏻

🧐 My notes

Based on your feedback of 'Unsure' to longer coverage for memory-care and 'No' to a refund, I’ve shown the following options.

Base: A simple, no-refund option with annual payments until care is needed. It’s your most budget-friendly policy.
Plus: A similar no-refund policy, but with payments completed over 10 years instead of continuing for life.
Cadillac: For comparison, this option provides longer benefits and refunds your premiums to your heirs if you never need care.

📈 Graph of benefits

This graph shows your projected benefits when you turn 80, though your benefits can begin whenever care is needed. For more detail, click any line.

👉🏻 Next steps

If any of these options look interesting, schedule a call so we can discuss your goals and address any questions. After we talk, I can provide updated, personalized quotes with more specific details.

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Ask about tax perks if you own a business, annuity, or life insurance.

📺 Still learning?

Watch this short "unboring" video on the 8 key features of LTC insurance from our popular blog. That's me in the video.

Thanks,
Jesse

Jesse Vickey at Long Term What?
Schedule a call or 720-263-2188
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