Long Term Care – A Health Qualifying Product

June 5, 2008

Baby boomers and senior boomers are getting bombarded with sales pitches about their futures, their retirement and getting old. Don't let the whirlwind messages and slick marketing put you on the fast track to a bad decision, says Frank N. Darras, the nation's leading disability and long term care insurance lawyer.

"First of all, it is important to take your time and make the very best choice for you and your family," says Darras, who has counseled clients on disability and long term care insurance issues for more than 20 years. See http://www.darrasnews.com/.

Most folks don't start considering Long-Term Care until they are approaching age 60, but a key ingredient in the decision to purchase is your family's health history.

"Many advisors who sell Long-Term Care policies agree that people who have family health histories of cancer, heart attacks and a myriad of other deadly diseases, would be well advised to consider purchasing Long-Term Care at an earlier age. In these circumstances, age is less the determinant than critical health issues," says Darras.

Purchasing coverage to protect you when you get old is very personal and policyholders should consider shopping earlier in life when the premiums are less expensive.

"Do plenty of research, pick your LTC carrier wisely," says Darras. "Understand as we age, our health history may prevent us from qualifying for Long-Term care, so consider your options early on."

Darras advises that it is important to read and understand the language in your policy and know the definition of skilled care, intermediate care and custodial care. Your choice of policies should include those that pay for all three categories including care given by non-professionals, such as family members or friends in the comfort of your own home. Make sure you don't need a written plan of care by your doctor or your carrier before you incur service charges.

To ensure you and your family are protected, get a sound second opinion. Your Long-Term Care decisions should prevent you from outliving your retirement nest egg and becoming a burden to those you love, no matter what your age." says Darras.