The letter below is geared towards P&C producers, but it can be revised for other operations as well. Plus, if you do it yourself, you can omit the last paragraph.
Questions? Contact Bruce@agent-link.net
For ages, folks have relied on auto and homeowners protection to protect their valuable property. You have been wise to include these safeguards in your risk management planning.
However, your personal finances may be at risk!
As you may know, neither the government nor private health insurance provide any meaningful benefits for long term care expenses, and the hard-earned money you’ve spent a lifetime saving may be at risk.
The lifetime risk of needing some type of LTC is nearly 50% and the average annual costs in Kentucky exceed $65,000.
Conventional wisdom has been that waiting until retirement age to own LTC protection is best. Not anymore. The coverage is becoming harder to get, more costly, and offered by fewer companies each year.
The time to consider this valuable protection is now!
Why not let the laws help you with this protection? Kentucky now has a partnership program that lets people preserve some of their assets and still qualify for Medicaid if they have purchased an LTC policy. In addition, depending on your tax filing status, you may be able to deduct some or all of the premiums.
Please return the enclosed card to learn more about this valuable protection now offered by the Agency. A veteran LTC specialist, with over 25 years experience in this field, shops the marketplace to find the best coverage and value for our treasured clients.
