Online Apparel Company, Affordable Healthcare 123 Tees, Explains Long Term Care Insurance
The last few decades have seen a massive increase in average life expectancy. Modern medicine, better diets, and greater health awareness mean that people can now typically expect to live substantially longer than their grandparents' generation.
While this is, of course, excellent news, it does have a downside. Many people will need extra care as they reach their sunset years, and the costs of this can quickly eat into savings and assets, even placing a financial burden on their children.
Thankfully, there's a solution. Sarah Williams, the founder of Affordable Healthcare 123 Tees, shares the benefits of long term care insurance below. Long term care insurance provides coverage to pay for your care if you need it in later life, taking the burden off your savings and your family.
4 Valuable Benefits of Long Term Care Insurance
Long term care insurance isn't as common as some other types, but the benefits it offers could make it a valuable addition to your financial portfolio. Here's why:
1) By taking out a policy now, you can be sure you'll receive great care if you need it in later years;
2) The care you need won't wipe out your life savings and assets, and so you can still leave a legacy to younger generations;
3) The costs of your care won't fall onto your family; and
4) You won't need to choose between protecting your finances and receiving the best care.
Do You Need a Policy?
Despite its benefits, long term care insurance isn't suitable for everyone. For example, your existing health plan may include coverage for senior care costs.
Or, your assets and savings may be high enough to cover any expected expenses. It's also possible your pension plan is generous enough to provide for your care out of your future income.
But if the costs of care would cause financial problems for you or your family, then you should seriously consider taking out a policy. This is especially true if your family medical history suggests a risk of severe infirmity or dementia later in your life.
This may not seem like a decision you need to make right now when any need for a claim is hopefully far in the future. But as with all forms of health and life insurance, it's much better to take out a policy when you're young and healthy.
The premiums will be much lower, and you'll get a better level of coverage, which you can lock in no matter what changes over the coming years.
Long term care insurance is one of the simpler types of insurance, but it can still be complicated choosing the right policy. If it seems like coverage you could benefit from, speak to an independent insurance adviser who can help you through the maze and ensure your future is fully provided for.
About Affordable Healthcare 123 Tees:
Affordable Healthcare 123 Tees started as a way for graphic designer Sarah Williams to stand out at a political rally in Sacramento, California. She decided to make a custom tee-shirt with a design and slogan that spoke to one of her beliefs—healthcare should be as affordable as clothing. As the day went on and the compliments and questions about where she got the shirt poured in, Sarah got the feeling her belief could be something more.
Now, Sarah and her team strive to contribute to the fight for affordable healthcare through creating and selling apparel that raises awareness and funds. The company donates 10% of every order to advocacy groups and organizations that provide healthcare to individuals and families who struggle to obtain the care they need.
Through spreading their apparel, the Affordable Healthcare 123 team is dedicated to making healthcare affordable to every American.
Affordable Healthcare 123 Tees Around the Web:
https://patch.com/california/sacramento/affordable-healthcare-123-tees-health-insurance-options
https://www.1170kfaq.com/story/39775995/online-apparel-company-affordable-healthcare-123-tees-launches-new-website
https://www.crunchbase.com/organization/affordable-healthcare-123-tees
https://www.affordablehealthcare123tees.com/
http://amolife.com/healthy-life/affordable-healthcare-123-tees-sheds-light-on-the-health-insurance-market.html
https://twitter.com/123_tees
https://www.vizaca.com/sarah-williams-founder-of-affordable-healthcare-123-tees/
https://trello.com/b/0SDJBWBd/affordable-healthcare-123-tees
http://www.cbs8.com/story/39775995/online-apparel-company-affordable-healthcare-123-tees-launches-new-website
https://www.rfdtv.com/story/39889055/affordable-healthcare-123-tees-to-launch-newly-designed-eco-friendly-apparel-in-2019
https://www.trustpilot.com/users/5c3470eb4230e01255252036
https://www.facebook.com/affordable.healthcare.940
https://www.pinterest.com/affordablehealthcare123tees/
https://www.behance.net/affordablehealthcare
https://sites.google.com/view/affordablehealthcare123tees/home
https://www.business.com/advice/member/p/affordable-healthcare/