WBA Members have Buying Power
Thanks to negotiations performed by our partner members, WBA Insurance Services has landed a great deal for Long-Term Care insurance to our members. As a benefit of membership, when members apply for Long-Term Care Insurance, they will receive a rate equal to 10% off the regular standard rates. Applicants will also receive the marital discount of an additional 15% off the regular standard rates, if applicable, totalling up to 25% of standard rates!
Some people plan for a lifetime to fulfill their dreams. But even with such planning, many fail to fully protect their assets. Protect your nest egg. Life insurance can help protect assets when a person dies suddenly, but what will protect those assets if a person needs long-term care services due to a chronic illness or disability?
Long-term care insurance is already helping thousands of Americans pay for their long-term care needs. The average reduction in out of pocket expenses for nursing home care for disabled elders who have long-term care insurance is between $60,000 and $90,000 and can total $100,000 for assisted living costs. In the year 2000, the cumulative amount paid by insurance companies for long-term benefits reached an estimated $11 billion.
Today, about one in five Americans over the age of 65, and almost half of those age 85, need assistance with everyday activities. And if you believe that Medicare is covering the cost of these services, think again. read more myths here...
Remember, not all Long-Term Care Insurance coverage is the same. When looking for coverage that can provide funds to help cover costs the potentially high costs of long-term care and help protect your assets from footing the bill, make sure your agent fully understands how long-term care works. Contact us to schedule an appointment today - we're here to help determine whether a long-term care insurance policy is suitable for you.