Women More Likely To Be Planners
Do women better understand the consequences of being uninsured?
More women than men purchase long term care insurance. Does this mean women are smarter? It might mean that women are more likely to be planners than gamblers (which may mean they're smarter).
Q: Why are women the biggest advocates of long term care insurance?
A: They know the emotional, physical, and financial cost of long term care. The toll that long term care takes on families can be great and the consequences devastating. Women are also more likely to be caregivers.
Famous female financial advisors such as Terry Savage, Sue Stevens, and Suze Orman have written many articles on long term care insurance. Other well known and highly respected financial advisors who recommend LTC insurance are Ray Martin of CBS, Marshall Loeb, and Rob Black to name a few.
Q: Are women more at risk than men?
A: Statistically yes, women outlive men but each person is different. Strokes and heart disease kill twice as many women as breast cancer. More than 30% of strokes occur in women before the age of 65. If you were to have a stroke tomorrow is your long term care planned for? Your change of health doesn't have to be debilitating, it might just make you uninsurable.
Q: Isn't long term care insurance expensive?
A: You should only insure if you have assets and income to protect. Would you rather pay $300 a month ($3600/yr) for insurance or $200 a day ($72,000/yr) out of pocket for care? (averages)
Get more information on this web page Women and Long Term Care and find out how much LTC insurance will cost get a quote.
What some of our women clients have said:
I received my policy yesterday. I feel a big burden and anxiety has lifted. Thank you for all your help. I will let my friends know about your website and service.
Margo, Detroit, MI
I tried for over a year to get my husband to look into long term care insurance with me. He found your web site a few days ago. Your comparison of investing versus insuring convinced him to get a quote. We got the quote the next day and now we want to apply. Here is our address to send us the application.
M.T., East Lansing, MI
My advisor was so helpful I thought I was being a pest asking so many questions and I probably asked some more than once. I especially appreciated his assistance on the phone helping me with the application. I'm telling all my friends about your service.
Renee G., Houston, TX
The day after 50th birthday my husband told me since we're both 50 now we have to look into long term care planning. His mother and my father had a few years of care which involved both our families. We know how expensive and stressful it can be.
Even with our parents experience I certainly don't feel like we'd be needing care any time soon but your information provided me with another perspective. After reading your articles I felt very vulnerable not being insured. We filled out the quote form and look forward to finding out how soon we can get insured.
Anna Taylor, NYC
If you have any questions to ask an advisor yourself call 1-888-582-2464.
Our advisors are not salesmen in the traditional sense, they are considered "field underwriters" whose job it is to determine if you can pre-qualify for long term care insurance and to answer all of your questions to help you determine if this insurance is affordable and appropriate for you.
Also:
Women Bear Greater Share of Long Term Care Risks and Costs
