Long Term Care Insurance
Long Term Care Insurance (LTCI) can help you avoid depleting savings during your lifetime as a result of the costs of long term care. LTCI can actually lower the out-of-pocket costs associated with long term care. Additionally, LTCI can help you distribute a percentage of your overall estate to your heirs.
The cost of long term care can now range from $4000 a month at an assisted living facility, to as much as $12,000 a month for home health care. For this reason, and many others, you need to protect your assets. We can show you how.
The California Partnership for Long Term Care is a joint venture between the State of CA Department of Health Services / Medicaid and private insurance carriers designed to encourage purchasers to protect some or a majority of their assets from Medicaid spend down rules. The products:
- are State endorsed,
- provide asset protection,
- have a rate cap feature currently not required under traditional LTC policies, and
- have a unique continuing care coordinator.
Liberty Group, LLC has agents who have been trained on the California Partnership for Long Term Care and who are able to assist you with your Long Term Care Insurance needs. Please contact us today to set up your free appointment.