HOWARD INSURANCE AGENCY, INC. recommends these 2 companies for your Long Term Care insurance (LTC): |
Colorado Residents Only |
JOHN HANCOCK INS. CO. (one of the few AAA rated ins. co.)
John Hancock has never increased a premium on a LTC policy holder.
MUTUAL OF OMAHA INS. CO. (96 years of ethical conduct)
Both companies have very competitive prices from $68.43/month
LTC INSURANCE COVERS:
Home health care, Assisted Living Facility care, and Nursing home care.
FREE LTC VIDEOS ! NO shipping charges either!
Learn how to protect your assets + your children’s finances.
Call 303-660-8809 or 1-800-234-3391
 Fortunately, MUTUAL OF OMAHA and JOHN HANCOCK insurance companies have LTC policies that are very affordable- and qualify for the new ( beginning Jan.1, 2008) Colorado Partnership LTC policies.
What is a Partnership LTC policy?
As of 1/1/2008 , if you purchase a Partnership LTC policy, you can protect dollar for dollar from MEDICAID recovery your assets that equal the benefits in your LTC policy. (ex. If you buy $200,000 worth of LTC benefits, your assets worth $200,000 are protected from MEDICAID billing you for $200,000.) The state of Colorado also requires these Partnership LTC policies to provide certain vital benefits that previously have not been included in many sold LTC policies. You will be better protected with a Partnership policy.
Your Benefits and Your Assets’ Protection GROW
with Colorado “Partnership” LTC insurance!
The required Inflation Protection in your LTC policy makes your benefits grow at 5% compounded interest. Your assets’ protection grows at the same rate. ( ex. In a certain period of time, your $200,000 of benefits will be worth $ 400,000. You then will have protection against Medicaid Recovery of $400,000 of your assets!)
Our agents were the first in Colorado to be certified to sell
Colorado Partnership LTC insurance.
(It is wise to deal with the experts. We specialize in health insurance for all ages.)
It is Risky to Delay Applying !
Both JOHN HANCOCK AND MUTUAL OF OMAHA now offer many discounts on their LTC policies. Now is the time to buy LTC insurance.
Your premium cost relates to your age and your health. While you are younger and healthier, you can qualify for much lower prices. If you delay, you may not be able to afford the premiums, may lose out on discounts, and may not be able to qualify to the health questions on the application.
In many cities, one year of nursing home care now costs over $100,000.
If you are in a nursing home for 5 years, your costs can be over one half of a million dollars!
Approximately 50% of the elderly will require LTC. Today, most younger families rely on both spouses’ incomes to pay their monthly bills. In many incidences, the female is now making more money than her husband. If you are relying on a daughter to provide you with several years of LTC, you will be forcing her family into a dire financial situation. If you are afflicted with alzheimers disease, it requires 24 hour care. Do you expect your wife or daughter to be able to provide this type care?
 MEDICARE INSURANCE does NOT COVER LTC.
MEDICAID is no longer available to most middle class families who transfer assets from an elderly relative to try and qualify for MEDICAID. As of Feb,2006, a new law requires a 5 year look back for asset transfers. This law also contains other tough requirements that block qualification for MEDICAID LTC coverage. MEDICAID LTC coverage is still available for individuals with very limited income.
Since LTC insurance is complicated, we strongly recommend that you call our Littleton office and make an appointment to visit. You will have the full attention of a licensed agent who is specially trained to sell LTC insurance. You also will be able to get instant quotes from JOHN HANCOCK and MUTUAL OF OMAHA from our main computer.
We serve the whole state of Colorado. It would be very wise to come to our Littleton office even if you live several hours’ drive away. Nothing beats face to face service. You only will have to come once. We will be happy to help you get a hotel reservation if you need one.
HOWARD INSURANCE AGENCY, INC. only sells health insurance. It pays to deal with the experts. You will save a lot of money and become safely insured with the best benefits from the best companies.
Office hours are from 8:30-5:30, Mon.- Fri., and Saturday 9:00 to noon.
Please call for an appointment. 303-660-8809 or 1-800-234-3391 |
