We never know what life has in store. In today’s world, it is very important to know that there are some things you don’t have to worry about. Many people know they need life insurance, but they are not sure of why they need it or how much it should be. Here are some common excuses that should not stop you from getting the coverage you need:
I Have It Through My Employer
It’s Too Expensive
I Haven’t Gotten Around To It
I Prefer To Put My Money Elsewhere
If you have others who depend on you financially, it is very likely that you need life insurance. Life insurance can give security to you and to the ones you love. A life insurance policy will provide for your dependents if you die.
You may have questions like “Which type of life insurance should I buy?” or “How much life insurance is enough for me?” or “What or who do I need to cover?” or "Why can't I depend on my life insurance through work?" Whether you are single, married with kids, empty nesters, retired, or a small business owner, we can help you determine the coverage you need to ensure you and your family’s financial security. It is never too early to start planning for your family’s future. We will help you with a life insurance policy that meets your needs. Give us a call today!
Nearly 70% of 65-year-old people will need long-term care services or support, according to 2020 data — the latest available — from the Administration for Community Living, part of the U.S. Department of Health and Human Services
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. Women typically need care for an average of 3.7 years, while men require it for 2.2 years.
Regular health insurance doesn’t cover long-term care. Medicare won't come to the rescue, either: It covers short nursing home stays or limited amounts of home health care when you require skilled nursing or rehab only. Medicare also doesn't pay for custodial care, which includes supervision and help with day-to-day tasks.
If you don’t have insurance to cover long-term care, you’ll have to pay for it yourself in most states. You can get help through Medicaid, the federal and state health insurance program for those with low incomes, but only after you’ve exhausted most of your savings.