Your source for the latest health, disability and Insurance news and tips

Consider long-term care insurance and alternatives

When it comes to your health, finances, and the future, you need to do whatever you feel is best. Regardless of the decisions you make, you must realize that you are in good position to deal with an uncertain future.

For some, this means purchasing long term care insurance coverage. For others, it means considering an alternative. And of course, there are those who purchase a policy and opt to look into other ideas.

One of the top alternatives to long term care insurance is self insurance. This is nothing more than saving enough money now so you can pay for long term care, if it is necessary, in the future.

Something else to consider is an annuity hybrid. This product has many benefits, including the fact that underwriting is not as strict as it is with long term care insurance coverage.

Finally, life insurance should be considered. This is not a replacement for long term care insurance, but it can be considered useful in regards to estate planning.

For some, long term care insurance is a must. For others, this is a perk that they would like to have. For the rest, it is something they don’t even think about.

Since there are so many benefits of long term care insurance, you should learn more about how it fits into your future plans and current financial situation.

When you learn more about long term care insurance and the many alternatives, you can decide what to do next. As you collect information, don’t forget to pay close attention to the type of coverage you are getting and how to make a claim if the time comes.

Source: Bankrate, “Alternatives to long-term care insurance,” accessed May 23, 2016

Our Promise To Our Clients:

  • FREE: Consultations and Insurance Case Evaluations Are Always Free
  • UNDERSTANDING: We understand how you feel. Our clients are often at the very bottom of their life, feeling emotionally, physically, and financially exhausted.
  • PASSIONATE PEOPLE: Our expert Attorneys and Dedicated Staff Love The Work We Do. We are Compassionate, Caring, and Results Driven.
  • UNPARALLELED RESOURCES: We will not be bullied or outspent by billion-dollar insurance companies or their army of lawyers. 
  • RESPECTED: We have fought and won the respect of every disability and Long-term care insurance carrier for our policyholders.
  • RESULTS: Frank Darras and his firms have recovered nearly a $1 billion dollars in wrongfully denied insurance benefits to date, and we put that proven track record to work for you and your family.

DarrasLaw is Americas' most honored and decorated disability litigation firm in the country. Mr. Darras has seen more, evaluated more, litigated more, and resolved more individual and group long term disability and long-term care cases than any other lawyer in the United States.

Request a Free, Confidential Case Review.
Skip to content