Because life expectancies have been steadily improving, living longer may very well mean needing more care. Statistics show that nearly 70 percent of individuals over the age of 65 will require at least some type of long-term care services during their lifetime. These services are becoming more and more expensive, with nursing home care costing upward of $83,000 per year and at-home care more than $60,000 per year.
Yet most regular health insurance plans or government assistance programs do not provide sufficient coverage for long-term care needs. Long-term care insurance from the Knights of Columbus helps mitigate that risk by helping you cover your costs.
Knights of Columbus Long-Term Care policies fit your needs and come in two basic forms:
THE COST OF WAITING TO BUY
Age Policy Bought
Total Paid by Age 90
Note:Annual premium based on the following assumptions. Male insured qualifying for Select class, KofC comprehensive policy, $200 daily benefit, 10 year benefit duration, 30 day elimination period.
I have personally experienced (many times) the devastating impact a long-term illness can have on the individual and the care takers. Our long-term insurance is flexible and designed to meet both needs and cost for the immediate and future needs.
Contact me for a presentation on our Long-Term Care Insurance Policy.
Jimmy Yamauchi – FDD
KofC Field Agent