Long Term Care
Millions are unprepared. Are you?
|
The
possibility of needing some type of long-term care
services, either in a facility or at home, has become a
reality for many. You, or someone you know, may have first-hand
knowledge of how expensive this type of care can be. The
potential financial and emotional difficulties that may
accompany your or a loved one’s need for extended care make
Long-term Care Insurance an important option to consider. |
The national average cost of nursing home care is
$56,000 per year, or $13 per day.* |
As your financial partner, Memphis Area Teachers’ Credit
Union wants to help ensure your future financial security. We
are pleased to make available to you a variety of long-term
care insurance policies underwritten by many of the
top-rated carriers in the industry. Carriers include
Metropolitan Life Insurance Company, John Hancock Life
Insurance Company, MedAmerica Insurance Company and more to
give you greater options to fit your individual situation.
|
Why
consider longterm care insurance?
■ Maintain independence
and control over your life
■ Retain choices in the type of care you receive
■ Preserve hard-earned
family assets |
Your first step in planning for this type of contingency
is to learn if the high cost of long-term care poses a
threat to your financial security and whether private
insurance is your best solution. Return the attached reply
card today, and a credit union long-term care specialist
will contact you to discuss this important coverage and help
you develop a protection
plan specifically for you and your family. Or, call us at
901-385-5216 for more information. We urge you to take
advantage of this no-obligation opportunity. |
Even with a substantial nest egg, your assets could be
severely impacted by unplanned long-term care expenses.
Ironically, most people insure their homes and cars, but not
the cost of long-term care–yet, this is a risk more likely
to occur.
Be Prepared.
Our long-term care specialist can help you design a plan to
fit your needs.
Yes! I want to learn more about a long-term care
insurance plan for me. Please have a credit union long-term
care specialist contact me.
*2001 statistics as reported
in “A Shopper’s Guide to Longterm Care Insurance.” National
Association of Insurance Commissioners, Rev. Feb. 2003.
