Los Angeles Long Term Care Insurance

When it comes to making financial and insurance decisions it is very important to work with a professional, but it is never more important than when attempting to find a Los Angeles long-term care insurance policy. Over 70% of individuals over the age of 65 will need some form of long-term care assistance at a point in their lives, and of all the people who require LTC protection, 41% of those will be under the age of 65.

More than 24 states have already reduced Medicare funding for home care and nursing home care and we can only expect the contribution to be reduced further in the future. The cost of long-term custodial care can be devastating to even the best laid retirement plans. The cost for full-time custodial care, this includes feeding, bathing, dressing and doing just the basic activities of daily living, is well over $80,000 per year, regardless of whether it occurs in the home or in a nursing facility.

Bromberg Insurance Services Provides Strength and Peace of Mind

We have been providing the people of Los Angeles with sound insurance and financial planning since 1965 and we continue to be a trusted source of information when it comes to protecting those plans as well. Los Angeles long term care insurance continues to become more complicated as we continue to live longer and have more active lifestyles.

Most people believe that at some point the government will kick in and take care of our needs, but that is happening less and less today. Providing a plan that is affordable today and useful tomorrow is the goal of LTC planning through the top-rated insurance carriers we represent.

Los Angeles Long-Term Care Insurance: What is the Risk?

Most people find it hard to visualize the need for someone to help them with the basic activities of daily living such as bathing, dressing and eating. However, the fact is that more than 70% of all people will need some form of help when they reach age 65. But the biggest risk deals with the length of time that this type of care will be required.

This is impossible to foresee as many people may need only a couple of months of care, while others may require full-time, 24 hour care for years in cases of Alzheimer’s disease and senile dementia. Current and projected costs for long-term care assistance can be financially devastating to families. A Los Angeles Long Term Care Insurance program can reduce the risk to your future.

A long term care insurance policy is based on two major items, your current age and your current state of health. Finding the right coverage while you are still able to qualify for excellent rates makes a big difference because everyone’s health will change.

Bromberg Insurance Services recognizes this fact, and can include LTC planning at a time that is most appropriate for your particular situation. Because of the many variables associated with a Los Angeles long term care insurance policy, it makes sense to lock in lower rates while you are able and we are here to help you find the most comprehensive and affordable solution to your long term care needs.

Working with the professionals at the Bromberg Agency provides you with the security of knowing that you have someone looking out for your financial and insurance needs. We work hard to help you set goals in order to maximize your investments and minimize your exposure to risk.

A Los Angeles Long Term Care Insurance policy is an important part of your total insurance planning. It is designed to protect your assets and provide you with control over your life and care at a time when it is most important. We look forward to helping you face the future with the peace of mind and confidence that comes from knowing you are protected.

Call today and have a professional Los Angeles Long Term Care Insurance advisor from Bromberg Insurance Services discuss the many options you have concerning long term care and if you would like we can provide a Free Comprehensive Insurance Review for all of your financial and insurance needs.