LTCI Cost of Waiting  

What is the cost of waiting to buy long-term care insurance?

There is a time-honored phrase related to long-term care insurance and it goes like this: "Your money pays for long-term care insurance, but your health buys it."

As one ages, the risk of not being able to qualify for long-term care insurance may increase due to deteriorating health.

In addition to the risks of health problems as we age, the dollar cost of long-term care insurance rises dramatically because the insurer has less time to accumulate sufficient reserves to cover its part of the risk.

     


What is your current age?

What is the annual premium for a long-term-care policy at your current age? (If you do not know the premium, see your insurance professional for a complimentary quote.)

$

If you delay purchasing long-term care coverage now, at what age might you buy it in the future?

At what age do you anticipate requiring long-term care benefits?

 
   
   
Berrin Management Group., LLC
Berrin Management Group, LLC
Suite 160
Boca Raton, FL 33431
Phone: 561-241-4485
Fax: 561-392-5751
rberrin@wsfg.com
www.berrinmanagementgroup.com

Map & Directions


 


 


Berrin Management Group, LLC
275 Madison Avenue
6th Floor
New York, NY 10016
Phone: 646-308-1530
sberrin@wsfg.com

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Securities and advisory services offered through Wall Street Financial Group, Inc. (WSFG), Registered Investment Advisor, Member FINRA/SIPC. WSFG may only transact business in those states and international jurisdictions where we are registered/filed notice or otherwise excluded or exempted from registration requirements. Any communications with prospective clients residing in international jurisdictions where WSFG and its registered representatives are not registered or licensed shall be limited so as not to trigger registration or licensing requirements.  Securities services from Robert Berrin may not be provided to individuals residing in any states other than FL, GA, and NY.  Advisory services from Robert Berrin may not be provided to individuals residing in any states other than FL and NY.   Insurance services from Robert Berrin may not be provided to individuals residing in any states other than FL, and NY.  Health and other non-variable insurance products, estate planning and charitable giving are not offered through WSFG. Information provided should not be construed as legal or tax advice; you should speak with an attorney or tax advisor. For information on financial calculators please visit: http://apps.finra.org/investor_Information/Tools/Calculators/calc_disclaimer.asp (if you cannot access this link, please copy and paste into your browser).

 

Securities and advisory services offered through Wall Street Financial Group, Inc. (WSFG), Registered Investment Advisor, Member FINRA/SIPC. WSFG may only transact business in those states and international jurisdictions where we are registered/filed notice or otherwise excluded or exempted from registration requirements. Any communications with prospective clients residing in international jurisdictions where WSFG and its registered representatives are not registered or licensed shall be limited so as not to trigger registration or licensing requirements.  Securities services from Stuart Berrin may not be provided to individuals residing in any states other than FL, NJ, CT and NY.  Advisory services from Stuart Berrin may not be provided to individuals residing in any states other than FL, NJ, CT,  and NY.   Insurance services from Stuart Berrin may not be provided to individuals residing in any states other than FL, NJ, CT and NY.  Health and other non-variable insurance products, estate planning and charitable giving are not offered through WSFG. Information provided should not be construed as legal or tax advice; you should speak with an attorney or tax advisor. For information on financial calculators please visit: http://apps.finra.org/investor_Information/Tools/Calculators/calc_disclaimer.asp (if you cannot access this link, please copy and paste into your browser).

 

WSFG did not assist in the preparation of this material, and while it is believed to be from a reliable source, its accuracy and completeness are not guaranteed. Opinions expressed are those of the author and are not necessarily those of WSFG. The material has been prepared or is distributed solely for informational purposes and is not a solicitation or an offer to buy any security or instrument or to participate in any trading strategy. WSFG is not responsible for information contained in websites or literature referenced herein. WSFG, Berrin Management Group and all other companies listed herein are separate entities, individually owned and operated.