Caregiver Alert: You Can’t Fudge on Health to Get Care Insurance

Of course, insurance payouts would come in handy. It’s only natural to want insurance to help pay care costs for your caregiving charge once they need care. But sadly by that time it’s far too late for them to enroll, because disabled folks will not be accepted for coverage. Long term care insurance is designed for fully-abled folks who MAY or MAY NOT need care in the FUTURE.

Insurance is always “pooled risk”, so some members WILL need benefits, and some WON’T – This is simply the way of insurance.

Ya can’t get barn insurance once the hayloft’s in flames, nor disability coverage once you’re crippled, nor car coverage as you’re screeching into the collision. Naturally, the same goes for long term care protection. Once a person has a history of cognitive or physical impairment, the jig is up for for getting covered.

Clay has MS, and I have Hep C, and we’re both uninsurable because these particular conditions are red flags for insurance underwriters. That’s the way it is… And you can’t fake your way into insurance, either, because those underwriters will most certainly uncover the truth. There can be no fudging.

But it may not be too late for you to protect your SELF…

The truth is that it’s we caregivers, ourselves, that need protection. Especially since caregivers are more prone to health issues than the general population… not to mention the physical injuries that caregivers can sustain in the course of daily duties. Once we’re approved our care will be covered, but we have to put long term care protection in place while we still can, because no one has a crystal ball and health can change without warning.

Which health conditions matter most in order to qualify to enroll? See these simplified GUIDELINES- Then if you have assets to protect, speak with the LONG TERM CARE INSURANCE BUYER’S ADVOCATE in your state to get personal guidance and advice, because it’s good to work with a focused, experienced, trusted expert. LTC coverage is not for everybody, but if it’s right for your unique situation, then you want to know this sooner rather than later in order to save good money on premiums.

Love,
Kimberly