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SERVICES

LONG-TERM CARE & ASSET PROTECTION PLANNING

Someone turning age 65 today has almost a 70% chance of
needing long-term care at some point in their lives. ¹

Unlike traditional health insurance, long-term care insurance is designed to cover long-term services and supports, including personal and custodial care in a variety of settings such as your home, a community organization, or other facility.

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Long-term care insurance policies reimburse policyholders a daily amount (up to a pre-selected limit) for services to assist them with activities of daily living such as bathing, dressing, or eating.  Long-Term Care Insurance is critical in your planning if you want to protect your assets from being depleted due to long-term health care cost.  If you don’t personally know someone to whom this happened, chances are you’ve heard the stories; people whose health deteriorated or their age made them less capable of caring for themselves, who spent the bulk of their life savings or even went into great debt to get the long-term care they needed.

 

With the vast majority of health insurance plans available today, a great deal of the treatments and care that a person in such a situation would require aren’t covered.

 

Stratos helps consumers compare and gather long term care insurance quotes in a simple and easy process. So, instead of leaving your decision to chance, let us provide you with a long-term care insurance quote and help you throughout your long-term insurance decision making process.

¹ US Department of Health and Human Services: LongTermCare.gov

This material contains only general descriptions and is not a solicitation to sell any insurance product or security, nor is it intended as any financial or tax advice. For information about specific insurance needs or situations, contact a qualified insurance advisor.

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Robert A. Apple, MBA, AAMS®
Partner | Wealth Advisor


3750 Park East Drive, Suite 200

Beachwood, Ohio 44122-4348

Phone:  (440) 991-1124
Text:      (440) 991-1124
Cell:       (216) 695-5674
Fax:       (440) 991-1124
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Investment advice offered through Stratos Wealth Partners, Ltd., a registered investment advisor and a separate entity from LPL Financial. The LPL Financial registered representative(s) associated with this website may discuss and/or transact business only with residents of the states in which they are properly registered or licensed. No offers may be made or accepted from any resident of any other state.

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