Long-Term Care Insurance
Long-Term Care Insurance Quote Forms
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Long-Term Care Insurance Information
Serving Somerset County, Hunterdon County, Mercer County and Surrounding Areas

Most of us know someone who has needed to be cared for as the result of a long-term illness or condition.....perhaps even someone we love in our own family.
If so...you know the toll it can take on a family....emotionally and financially.
Very often the financial issues affect the emotional issues......
Some realities of long-term care....
-73% of us will need some type of long-term care during our lifetime...either at home or in a nursing home.
-The cost of a private room in the Tri-State area is as high as $13,000 a month!
-The average stay in a nursing home for a person suffering from Alzheimer's is 8 years...that is $1,248,000 without factoring cost increases or inflation.
-Most people are totally unprepared for this.......
-It can destroy even the best thought-out plans for our later years......
Chances are you investment advisor never raised this discussion with you....most are not trained in this area......they focus on accumulating assets for you.
-Can your savings/investments absorb a loss of $156,000 a year? At a time that you cannot predict?
-Do you want to be forced to liquidate assets in a potentially down market? Or sell off property at a time that may not be advantageous?
-If you are drawing 3% a year (most advisors are recommending 2.5%) from your savings/investments.....and now you have to take another $13,000 out each month.....you are guaranteed to run out of money.....fact.
-At INCOME RESOURCE GROUP we do not view the issues as an "insurance" issue......we view it as an "income issue"....
-How can we create income for you......without draining your savings......to provide quality care for yourself and/or that loved-one.
Lets take a look at some solutions to the problem.......and some problems with some solutions......
Conventional Long-Term Care Insurance
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"Asset Care".......What We Offer..
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Few companies remaining in this business do to government mandated reserve requirements.
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Safe and predictable plan to preserve your assets.
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Many clients have experienced massive premium increases in recent years..some as high as 77%.
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Costs are guaranteed and can never increase.
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If two people wish to be covered...they must buy 2 policies.
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One policy can cover 2 people...and they do not have to be a married couple.
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Cannot accept IRA/401(k) money for premium.
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You can pay in a lump-sum...or annually.
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No refund of premiums for benefits not used.
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You can use IRA or 401(k) money to pay for your plan.
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No benefits for home care.
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Premium refunds for unused benefits.
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No death benefit to heirs when you die.
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Pays for care at home or in a nursing home.
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Lifetime benefits not available.
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Pays for adult day care.
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Pays for hospice care.
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Pays for caregiver training so you or your loved one remain at home.
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Tax-free death benefit to your heirs if you die while covered.
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Lifetime benefits available.
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The time to have a conversation with us is NOW......the risk is there....it's just a matter of who pays for it.
Contact us today for more information about group health insurance.
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