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3 happy greenhill management insurance agents

Long Term Care Planning & Funding

senior man learning about long term care insurance from insurance agent

At Greenhill Management, we are dedicated to providing insurance agents with the essential long-term care insurance solutions needed to assist their clients in planning for the unexpected need for long-term care. Our focus is on offering a comprehensive range of insurance products tailored to meet the diverse needs of your clients.

We understand that one size does not fit all when it comes to planning for long-term care. That's why we take pride in offering personalized solutions that address the unique circumstances of each individual. Our commitment to our agents is unwavering - we view you as part of our family, and family is always there when you need them.

With sincerity and authenticity, we stand ready to support you in every step of your journey. By partnering with Greenhill Management, you gain access to a wealth of resources and expertise aimed at helping you better serve your clients.

Join us today and experience the difference that a true partnership can make. The sooner you connect with us, the sooner we can begin assisting you in providing invaluable support to your clients' long-term care planning needs.

Welcome to Greenhill Management - where your success is our priority.

Here's some insurance options for funding a long term care plan:

Short Term Care Insurance

Short-term care insurance provides coverage for a limited period, usually less than one year. It's designed to offer immediate care for recovery from things like minor surgeries, rehabilitation, or temporary home care, filling the gap until you can resume normal activities or until another form of insurance takes over. This can be a good option for those who might not qualify for traditional long-term care insurance due to age or pre-existing conditions, or for those seeking a more affordable way to cover a brief period of care.

Long Term Care Insurance

Traditional long-term care insurance is designed to cover the costs of long-term care services, which might include assistance with daily living activities such as bathing, dressing, or eating, as well as care in various settings like your home, a community organization, or a facility. This type of insurance kicks in when you can no longer independently perform certain daily activities or you have a severe cognitive impairment. It's particularly suitable for individuals looking to protect their savings against the high cost of long-term care, which isn't typically covered by Medicare or standard health insurance policies.

Long Term Care Annuity

A long-term care annuity is a financial product that combines the features of an annuity (a product that pays out a fixed stream of payments to an individual, typically used as an income stream for retirees) with long-term care coverage. You invest a sum of money in the annuity, and if you need long-term care, the annuity provides larger payouts than the normal annuity would to cover those costs. It's an option for those who are planning for retirement and want to include the potential need for long-term care in their financial planning. It's particularly appealing for those who may be concerned about the possibility of needing care but also want the assurance of income if they don't.

Life Insurance w/long term care rider

This combines life insurance with long-term care coverage. You purchase a life insurance policy that also allows you to use some or all of the death benefit (the money paid to your beneficiaries when you die) for long-term care if you need it during your lifetime. If you don't use the long-term care benefit, the policy pays out the death benefit to your beneficiaries when you pass away. Suitable for individuals looking for the flexibility of having long-term care coverage while ensuring their investment doesn't go unused, as it can still benefit their loved ones as a life insurance payout.
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