Jim and I wish you a joyful, peaceful, blessed holiday season!
Happy Alzheimer's Awareness Month!
November was officially Alzheimer's Awareness Month. In 1983, fewer than 2 million people were diagnosed with the disease. Currently, an estimated 5.5 million people have it. By 2050, that number could rise to 60 million.
Click here for facts about Alzheimer's
The average long-term care insurance (LTCi) claim lasts about three years. But I've had many clients' claims last much longer than three years. I expect that as the incidence of Alzheimer's Disease increases, LTCi claims will lengthen, not shorten.
What's necessary to avoid Alzheimer's-caused catastrophe is to have difficult conversations about long-term care planning with family members, now. This holiday season, when families get together, is the perfect time to do this!
Have You Had a Rate Hike?
Usually, even with the rate hike, your policy is below current market price. Clients find it highly useful to discuss what causes rate hikes, how they occur, and how likely there'll be more in the future. If necessary, I can help you find optimal ways to downgrade your coverage while keeping it highly effective.
Do not tamper with your policy until we've spoken! If you need to discuss your LTCi rate hike, please email or call me.
Spreading the Word about LTCi
I very much enjoy invitations to give accurate LTC information to the public. Contact me if I can offer LTC education to your professional, civic, or church group.
to read more about my public speaking references.
The Queen, by Self Proclamation, of Long-Term Care Insurance