Elder Care Insurance for Court Reporters……and their parents!
Elder care is a national concern with estimates that 70% of seniors will need some combination of home health care or facility care in their lifetime.
Many have been declined or waited too long…..until now.
Elder Care Insurance for court reporters may include home health care insurance (HHCI), long-term care insurance (LTCI) or short-term care insurance (STCI) and is designed to provide coverage for a limited duration, typically ranging from a few months to a couple years. It is often used to cover gaps in care or for specific healthcare needs when traditional long-term care insurance may not be suitable or available.
Elder care insurance typically covers services related to assisted living, home health care, facility care, adult day care, respite care and hospice care. These policies may also include coverage for skilled nursing facilities, and memory care. The specific coverage and benefits will depend on the policy you choose and the insurance provider.
How can court reporters offset the elder care needs for themselves or their parents?
CRBA is now offering three possible solutions
Home Health Care:
- Issue ages 45-89
- Up to $160,000 for Home Health Care
- Guaranteed renewable for life
- May include up to $600 annual Rx benefit in most states
- Extremely Simplified underwriting…only two health questions
Short Term Care:
- Issue ages 45-89
- Up to $110,000 for home care AND $145,000 for facility care….a possible $250,000 of elder care benefits for you or your parents.
- Relaxed underwriting…..possible approvals MAY include those with MS, ALS, COPD, diabetes, alcohol/substance abuse and obesity.
- available riders may include Rx, hospital indemnity and annual exam benefits
Term Life/LTC policy:
- Issue Ages 19-70…must be working 30 hours per week at time of issue
- Fully portable and guaranteed renewable for life
- Benefits up to $150,000….combined benefits may be used as home health care, facility long term care or a death benefit
- Extremely relaxed underwriting…only four health questions
- Guaranteed acceptance up to $75,000 if working 30 hours per week at time of issue.
At CRBA, we believe these three options will provide court reporters and their parents extremely valuable, affordable and attainable solutions to their elder care needs.
If you, your family or friends have been declined or are unable to find affordable AND attainable coverage, please complete the Elder Care quote request….we may be able to help.
CRBA also offers:
Affordable Choice health insurance – Comprehensive 1st dollar benefits – no deductible – no co-insurance – unisex rates – smokers welcome at no extra premium
MetLife Dental Plan – up to $10,000 annual max benefit with NCD by MetLife
Not all policies are available in all states but are updated monthly.