According to the Federal Government, over 60% of senior citizens will experience the need for long-term healthcare at some point in their lives.
Unfortunately, the vast majority of seniors have no protection from this very legitimate threat. Some cannot qualify due to poor health, some assume the government will take care of them, some cannot afford the premiums and others are simply in denial of the potential disaster of a long-term care situation.
The need for coverage is real. However, there are some very valid reasons why seniors avoid obtaining conventional long-term care coverage.
For those without long-term care coverage, there is good news. Over the last few years, there have been some highly innovative solutions developed that can help individuals protect themselves at very affordable costs. At the very least, we strongly encourage you to explore your coverage options.
For more information on conventional long-term care coverage or to learn more about the “new way” seniors are protecting themselves against this tangible threat, contact Heritage Advisors.