When is the best time to buy long term care insurance?

If you plan on retiring in Lakewood, CO, you may be looking at your options already. Many people have heard of long term care insurance, but don’t know a lot about it. If you have questions, our agents at Colling Insurance Services Inc. can help.

Why Get Long Term Care Insurance? 

You may be hoping to leave some of your assets to loved ones or continue to use the money yourself. Long term care insurance provides a way to protect those assets. You can get care where you want without risking all of your own money. 

When Should I Purchase My Long Term Care Policy? 

As with other kinds of insurance, you can save money by getting a policy as early as possible. Your premiums will be less every month if you take advantage as soon as possible. 

Another important consideration is that about two out of five individuals who need long term care are working adults between the ages of 18 and 64. Long term care doesn’t just help older people; it can help in other situations when you end up needing long term care. Most people think they won’t need help until they are older, but due to illness or accidents, sometimes they need help earlier. 

It’s Never Too Early 

When you purchase your long term care insurance through Colling Insurance Services Inc., we will help you choose the best features to fit your needs and help you look for any eligible discounts. If you live around Lakewood, CO and are thinking about purchasing long term care insurance for yourself or a loved one, please feel free to call today.