Secure Your Future with Long-Term Care Insurance
In today’s world, we’re living longer than ever before. This increase in life expectancy means there’s a higher likelihood that an unexpected accident or illness could profoundly affect both your quality of life and the financial future you’ve worked so hard to build.
“I am so confident in this Refundable Long-Term Care insurance policy that I purchased a policy for myself. As I get older I know my family will not have to go through what I experienced with my aging parents. In today’s interest rate environment, this is an excellent choice to protect your assets against the high cost of elderly care.”
– William Fanning President of Pilot Insurance Center wfanning@piclife.com
What are the Odds?
We safeguard our homes and vehicles, but what about securing your own future?
1 in 335
houses will have a fire each year.1
1 in 52
people will have an auto accident each year.2
1 in 1.9
people age 65 and older will need long-term care.3
Statistics show that at least 70% of people will need some form of long-term care during their lifetime.4
Substantial expenses can erode your retirement savings. Despite common assumptions, Medicare does not provide coverage for these expenses. The cost can be daunting—averaging approximately $91,000 annually, varying by location, and escalating with inflation at around 4% per year4.
Secure your future with Long-Term Care insurance tailored to your needs, providing financial confidence and dignified care when you need it most.
This insurance offers vital psychological reassurance alongside physical and financial support. By taking proactive steps now, individuals can maintain control over their futures, managing costs and preserving assets while ensuring a smoother transition into later years with dignity and peace of mind.
Discover the Benefits of Refundable Premium Long-Term Care Insurance
Why settle for just long-term care coverage when you can have a policy that also includes life insurance tailored to your needs?
With our policy, you not only receive long-term care benefits but also a life insurance benefit. Plus, if you ever decide you no longer need the coverage, you could receive up to 100% of your premiums refunded, minus any claims paid.
Consider the possibilities:
You may live to your statistical life expectancy, exceed it, or pass away prematurely. In any scenario, long-term care insurance could prove invaluable. Should you pass away without needing care, your designated beneficiary would receive a tax-free death benefit. And if circumstances change in the future and you decide to surrender the policy, you could receive a full premium refund.
Don’t settle for uncertainty.
Invest in a policy that not only covers your long-term care needs but also safeguards your assets for the future.
Have you made plans for long-term care?
For further information about our additional insurance products, please don’t hesitate to contact:
William J. Fanning
214-276-1125
wfanning@piclife.com
1 Ahrens, Marty. National Fire Protection Association. “Home Structure Fires.” Sept. 2015.
2 U.S. Department of Transportation National Highway Traffic Safety Administration. “Quick Facts 2014.” March 2016.
3 Morningstar, Aug 20, 2018: 75 Must-Know Statistics About Long-Term Care: 2018 Edition
4 Statistics show that at least 70% – US Department of Health and Human Services 2016