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Long Term Care Insurance

Did you know that the average cost of long term care in the State of New Jersey is currently $84,000.00 to $120,000.00 per year? What asset are YOU going to use when you need care?

The problem is that no one wants to think about Long term care. As a result, many people learn the hard way-when they or a loved one needs care.  By then, it is often too late because your choices become very limited.  Don’t wait until you need long term care.  Here are a few reasons why:

  1. Medicare does NOT pay for long term care.
  2. Premiums are lower and payouts are higher if you lock in earlier.
  3. You don’t have time to wait for a diagnosis.
  4. You have more choices available for you or your loved one.
  5. Alternative payment options may have tax implications.

HIP Solutions, LLC, can help you determine when you should buy long term care and how much coverage/benefits you need.