Today's Long Term Care Policies cover several areas of care:
1. At home care
2. In various facilities that assist people with long-term care needs--for example, assisted living facilities, residential care facilities and residential care facilities for the elderly.
3. In community settings, such as adult day care centers
4. In hospice home-care programs or facilities
5. In nursing homes/nursing facilities.
Wednesday, January 6, 2010
Learn the Difference Between Term Life Insurance & Permanent Insurance
Avoid the financial impact of a premature death upon your family by creating and immediate estate with life insurance.
Term Life Insurance - When the need exists for financial protection but the Budget is slim. This policy is best suited for a short-term need and there is no equity within the policy. The Face Amount and Premium are normally locked in for a period of years, and then will renew but at a much higher rate. Not a good product for a "Lifetime" need.
Universal Life & Whole Life Insurance - These policies are considered to be "permanent" policies that create an internal equity and a re designed to last until death. Various "riders" can be added to cover spouses and children, waive or suspend the premium in the event of a Long Term Disability and even pay a family income benefit.
To get your free insurance quote today, please contact Morgan & Morgan Insurance.
Term Life Insurance - When the need exists for financial protection but the Budget is slim. This policy is best suited for a short-term need and there is no equity within the policy. The Face Amount and Premium are normally locked in for a period of years, and then will renew but at a much higher rate. Not a good product for a "Lifetime" need.
Universal Life & Whole Life Insurance - These policies are considered to be "permanent" policies that create an internal equity and a re designed to last until death. Various "riders" can be added to cover spouses and children, waive or suspend the premium in the event of a Long Term Disability and even pay a family income benefit.
To get your free insurance quote today, please contact Morgan & Morgan Insurance.
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