Life, Disability, Home Health & Long Term Care

Introduction 

Life Insurance, Health, Disability Income, Long Term Care are all very important coverages to have to round out your Insurance Protection Program, protect your assets and make sure you get the care and treatment that you need.

Child Pages

• Estate Planning
  • Estate & Gift Taxes
    • Gift Income? Covered CA MAGI? Taxable?
  • Living Trust – Bank Accounts?
    • Executor – Successor Trustee – What are the duties?
    • Sample – Example California Will – Where does your stuff go? Health Care Directive
      • Probate
      • Will Contests – Disinherit a child
    • Special Needs Trust
• Life Insurance – Instant Quotes – Universal – Key Man Life
  • Find a lost or missing Life Insurance policy – Pension – Bank Accounts
    • Life Settlements – Sell your unwanted policy
  • Rated – Surcharged Policies
    • Final Expense – Almost Guaranteed Issue

[child-pages]

Financial Resources Questionnaire

to get the right coverage for your situation

Cut & Paste these questions into an email and send to us at [email protected]

1. Seven percent of my annual income is approximately $_______________.  (This is the maximum amount of annual income experts advise spending  on a premium.)

2. The cash value of my non-housing assets* is $____________.  (This is the amount you would otherwise have to spend for long-term care.)

3. My non-housing assets would last _____________ years if I needed care today.  (This is the approximate number of years of coverage you might consider buying.)

4. I can afford to pay $____________ a day towards the cost of my own care.  The difference between the amount I can afford and the cost of care today is $_________. (This is the approximate amount of daily benefit you will need.)

5. I can afford to pay a total of $____________ for the first days of care in a nursing home. Therefore, I will need a waiting period no longer than:

30 days $__________ 60 days $__________ 90 days $____________.

(To determine the amount you would pay, multiply the daily nursing home cost times the number of days in the waiting period.) ^{Copied from Taking Care of Tomorrow} *