TN Insurance-Long Term Care Insurance

We all insure our homes against fire and our cars, trucks, boats and campers against an accident . . . and for some reason we never complain about that money being wasted. Why do we sometimes hesitate insuring against the most expensive reality of life . . . long term care ?

Is Long Term Care Insurance Right for You ?

You should NOT buy long term care insurance if you have limited assets and can't afford to pay the premiums for the rest of your life.

You should NOT buy long term care insurance if you live on a limited fixed income, such as Social Security or Supplemental Security Income (SSI).

You should CONSIDER buying long term care insurance, if . . .

You have significant assets and income and want to protect those assets.
You do not want to be dependent on the government or someone else.
You want to pay for your own care.

Average Annual Long Term Care Costs in the Nashville, TN area *

Home Health Care**

(Hourly Average)

$ 19.00

$ 24,700.00

Assisted Living

(Monthly Average)

$ 2,983.00

$ 35,796.00

Nursing Home

(Daily Average)

$ 147.00

$ 53,655.00

* "The MetLife Market Survey of Nursing Home and Home Care Costs", The MetLife Mature Market Institute, September 2005.

* *Home Health Care costs are based on 5 hours per visit and 5 visits per week.

Our featured long term care policy from

Allianz Life®

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Helping you prepare for the unthinkable - Long Term Care

We're not going to tell you that you may need long term care insurance.

Hopefully, you've done some research and reached that conclusion by yourself.

The ideal time to buy long term care insurance is NOT when you're in your 60's, but actually when you're in your late 40's or early 50's, why ?

Premium costs are lower and

you are less likely to have a pre-existing condition that would disqualify you.

Some people say that they will just self-fund their long term care, but what is the reality of that logic ?

Assumptions:

(1) Age 61

(2) Total cost of care in today's dollars: $ 192,000

(3) Years until care is needed - 7

(4) Monthly Savings - $250

(5) Rate of Return on Savings - 3%

Investment in 7 Years	$ 23,337
Cost of Care in 7 Years with inflation*	$ 270,164
GAP between Savings and Cost of Care	$ 246,827

* Based on a 5% yearly compounded inflation rate.

Why not pass the costs of long term care to

someone else ?

AUTO-HOME-LIFE-HEALTH-BUSINESS INSURANCE

IN TN CITIES

Discont Health Plans Under $60 Nationwide Healthcare Network. Healthcare savings for your entire household under $60 per month.

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Discount Dental Plans Under $20 Nationwide Dental Plan Provider Network. Savings on both preventive and restorative dental services. Savings on prescription drugs, vision care, and chiropractic care.

www.dentalplansonly.com

Work At Home-Health Benefits Consultant

Keep your current job and start part-time. Complete training and support.

www.dreamerswin.com

Domestic Violence Is An Epidemic!

Some 4 Million women suffer domestic violence each year in the United States. Let's Talk! Let's Change! Domestic Violence.

www.lifesnewbeginnings.org

Carlton Group Insurance Services, Inc (the Company) is authorized to solicit and transact business on behalf of MetLife® Bank in the state of Tennessee. The Company is currently licensed by the Tennessee Department of Commerce and Insurance to solicit and take applications for life insurance; health insurance; annuities; and auto and home insurance in the entire state of Tennessee.

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