Someone turning 65 today has almost a 70 percent chance of needing some type of long-term care, for an average of 3 years. About 20 percent will need it for longer than 5. The cost of that care is steep. The CareScout 2025 Cost of Care Survey puts the national median for assisted living at […]
Unsure About LTCI? What About an Annuity with a Long Term Care Benefit? Read More »
Everyone wants lower monthly insurance premiums. That is especially true of long term care insurance (LTC insurance). We all want our long term care insurance to be cheaper and easier to manage financially, without sacrificing any of the quality of care. Luckily, there are ways to get low cost long term care insurance. Within this
How to Get a Cheaper/Lower Cost Long Term Care Insurance Premium Read More »
There are many different insurance products a person can sell in their career as an insurance agent. They can sell life insurance. They can sell health insurance. They can sell auto insurance, and more. Yet, while these products can be very valuable, there are also problems: That is why many insurance agents – and those
How and Why to Become a Long-Term Care Insurance Agent Read More »
Long term care insurance is one of the most underutilized, highly recommended types of insurance available today. Only about 5% of seniors over 60 have LTCI, while experts recommend that anywhere from 30% to 70% of seniors should have it based on their health and long term needs. This is one of the most frequently
Can Long Term Care Insurance Companies Raise Your Premium on an Existing Policy? Read More »
Getting older comes with a real chance of needing help with everyday activities — dressing, bathing, preparing meals, getting around the house. When that day comes, most people find their biggest worry falls into one of three categories: not wanting to lean on family for care, staying in a familiar home for as long as
Life insurance during working years serves a fairly clear purpose: if you die, your income disappears, and your family needs something to replace it. The coverage amount tends to reflect that — mortgages, dependent children, years of lost earnings. The math is more complicated, but the logic behind it is relatively straightforward. Retirement changes that
How Much Life Insurance Do Retired Seniors Truly Need? Read More »
Retirement is the finish line most people spend decades working toward. The savings, the investments, the careful planning — all of it built toward the moment when work becomes optional and life becomes yours to shape. Getting there is an accomplishment worth protecting. What many retirees don’t fully plan for is the financial impact of
You Worked Hard to Retire. Here’s How to Protect What You Built. Read More »
Most people think about long-term care insurance as protection for the person who gets sick. That framing is understandable, but for married couples, it misses half the picture. When one spouse needs long-term care, the financial and emotional consequences fall just as heavily — sometimes more heavily — on the spouse who remains at home.
What Happens to a Spouse When One Partner Needs Long-Term Care? Read More »
Long Term Care Resources – Pacific Agency (LTCR Pacific) is more than an insurance company. We support seniors, and we do that by helping people find out what solutions make the most sense for their financial needs. Often, that is long term care insurance. But it’s also not the only option. Most people think of
One of the most common reasons people put off looking into long-term care insurance is that they’re not entirely sure what it does. The name suggests it covers “care,” but care can mean a lot of different things depending on where someone is in life, what their health looks like, and what kind of support
