By Roy Whited
November is long-term care awareness month. If you haven’t started the conversation with your spouse or your family about the importance of proactive planning and how it can protect your assets and their family’s well being, November can be the perfect time.
Transferring this risk to an insurance carrier and protecting your assets from the devastating cost of long term care can make good economic sense. For more information about what choices are available for you as a consumer you can visit the website of the State of Insurance Department or you can just call our office at 1-800-798-5297 to schedule a free consultation.
For those of you who can’t afford the cost of long term care insurance or can’t qualify for the insurance you should learn about what other planning options are available to help protect your money and your home. Call 1-800-798-5297 for a free consultation with one of the Elder Law Attorneys of the Cooper & Adel Law firm.
What is the risk? What are the odds?
- Odds of having a serious car accident. 3 in 900, less than 1%
- Odds of having as residential fire. 7 in 900, less than 1%
- Odds of being admitted to a critical care unit. 21 in 900, less than 3%
- Odds of needing long-term care. 630 in 900, approximately 70%
Odds are calculated using statistics from public sources that are deemed to be reliable. For more information on the sources you can call our office 1-800-798-5297.
(Taken in part from Westland Financial Inc.)