Long Term Care Insurance
Long-term care insurance helps you maintain financial independence and security in the event you suffer a condition that requires long-term care, such as a chronic illness or car accident. Given the United States aging population, many people already have family or friends who suffer from waitlists and overcrowded long-term care facilities. Yet private home or facility care is an expensive alternative, especially for retired people on a fixed income.
Consider a form of insurance that can help address these challenges. Depending on the specific plan chosen, long-term care insurance can:
- Provide a lump sum payment following the diagnosis of a covered illness
- Help cover expenses, including medicine and treatment, for long-term health and personal care
- Cover services in your own home or in a long-term care facility
- Assist with financial expenses like lost employment income
We can help you tailor your financial security plan so it protects you through long-term care insurance.
Disability insurance helps protect your financial security in the event of an accident or illness that makes you unable to work.
Suffering a disability can result in a significant loss of income, and insurance can help cover your expenses. Rather than a single lump-sum payment, Disability Insurance benefits are almost always payable on a monthly basis.
Short-term Disability Insurance can provide an income during the early part of a disability, while Long-term Disability Insurance helps replace an income for an extended period of time.
Depending on the specific plan chosen, disability insurance can:
- Help maintain your financial independence, lifestyle and security through monthly payments
- Assist with paying fixed expenses for your business
- Support the buy-out of a disabled partner’s share of a business
We can help you tailor your financial security plan so it protects your income through long-term care and disability insurance. Contact us today to find out how.
We are located at:
43409 Schoenherr Road
Sterling Heights, MI 48313
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Securities services offered through Gradient Securities, LLC (Arden Hills, MN 866-991-1539). Member FINRA/SIPC. Investment advisory services are offered through Summit Financial Consulting, LLC, a MI registered investment advisor. Gradient Securities, LLC and its representatives do not render tax, legal, or accounting advice. Insurance products and services are offered through Summit Financial Consulting, LLC. Summit Financial Consulting, LLC is not affiliated with Gradient Securities, LLC.