Long Term Care Insurance offing for members and their family members of Tau Beta Pi.
Thank You For Visiting LTC Financial Partners
One of Tau Beta Pi’s goals is to help your family figure out what the best route
is for your long term care coverage. Everyones needs are different but we all will
eventually need help with long term care. All members of Tau Beta Pi and their familes
are allowed to access free educational resources and set up a meeting with long term
care professional. Call us at 1-
Click here to read Testimonials
LTC Financial Partners, LLC
LTC Financial Partners is one of the country's most experienced long term care organizations,
with average Partner experience at eight years. With Partner offices nationwide,
we can offer face-
Contact LTCFP for more information
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Request a free Dignity for Life Book
LTC Financial Partners, LLC is licensed to sell long term care insurance.
No such solicitations or sales are performed by Tau Beta Pi.
Senior Citizen Life Care Tips
Preventing Home Foreclosure on Senior Citizens
It is common for most people to still be paying a mortgage well into their 60’s. An important thing to remember is to make that monthly payment on time. Most American’s are good for making these monthly payments however, things can get in the way. Who pays the mortgage when a loved one is hospitalized for months at a time. Three months later the lender moves to foreclosure on the home. Suddenly grandpa has lost his home. There are two easy ways to prevent this from happening.
If payments are missed and the bank attempts to foreclose on your home it would be best to contact a foreclosure defense attorney. Below are a few reliable ones:
North Florida: www.jaxlawcenter.com
Central Florida: Orlando Foreclosure Attorney -
South Florida: http://grahamlegalpa.com/
Dignity For Life
The Five Things You Should Know Before Considering Long Term Care Insurance
1. DON’T BUY TOO MUCH INSURANCE – TOO MUCH COVERAGE MAY BE WORSE THAN NO INSURANCE.
The authors have seen that buying too little coverage won’t protect your assets, but also that purchasing too much coverage can be a big mistake. Your premiums need to be affordable – if the premium you pay changes your lifestyle or depletes your assets, it’s the wrong policy for you. Design an affordable and effective policy that keeps pace with inflation and provides affordable premiums throughout your retirement years.
2. PROTECT YOURSELF AGAINST PREMIUMS THAT ARE LIKELY TO INCREASE.
Our experience has shown that choosing the right insurance company is one of the most important decisions you can make when considering long term care insurance. We believe that it is vital that you avoid those insurance companies that have a history of raising rates. Instead, seek out companies with a track record and commitment to rate stability. Many insurance companies promote their “rate stability,” but a long term care specialist will know which insurance companies have demonstrated a real commitment to the client and which companies may be more likely to raise premiums. Qualifying with a company that may be less likely to raise rates is far
more desirable than signing with a company that has a history of raising premiums – even if the initially quoted premium appears lower.
3. BEING REJECTED FOR COVERAGE DOESN’T HAVE TO MEAN YOU CAN NEVER GET LONG TERM CARE INSURANCE.
In our company, for example, we work with some companies that have tight underwriting guidelines and could reject an application. However, other companies we work with have different guidelines and might accept that same person. If you have certain health conditions, it may be more difficult to get coverage. Yes, the insurance can cost more, but if you have a health condition the protection you get can be extremely valuable to you and your family. If you’ve been declined for coverage, a long term care specialist can
probably help you find additional options. Of course, applying for coverage while you enjoy good health can provide more choices.
4. GET EXPERT ADVICE – IT DOESN’T COST YOU ANY MORE.
It’s important to recognize that insurance is a regulated industry and that, except in very limited situations (discussed in Section III), the price you pay for any specific policy is going to be the same no matter with whom you work. Long term care insurance is a relatively complex form of insurance with many companies, policies and benefits from which to choose. If you are considering coverage, we recommend you get advice from a dedicated specialist. Professionals, such as accountants, financial planners, estate planners,
lawyers, human resource managers and others all may be experts in their fields and may also offer long term care insurance to their clients, but, in our experience, they may lack specialized knowledge and access to a good range of available policies to choose from.
5. BE AWARE THAT LONG TERM CARE IS AN ESPECIALLY IMPORTANT ISSUE FOR WOMEN.
We have noted that often, women:
• Are caregivers to their husbands
• Have a longer life expectancy and may out-
• Can find themselves struggling to survive with depleted assets
• Make up two-
It is estimated that 1 out of 2 women will need long term care at some point in their
lives as compared to only 1 out of 3 men who will require long term care. (The Risk
of Nursing Home Use Later in Life, Medical Care 28(10): 952-
We also have noticed that women tend to care for their spouses at home without assistance, which probably explains why only 1 out of 3 men require professional long term care services. For all these reasons, you may want to share this information with your
spouse and make certain that you both are properly protected.
Testimonial: Mark Kurzen (Ohio Delta 1971) of Columbia, IL.
I feel I must tell you how thankful I am for the Long Term Care Outreach and Education Program by Tau Beta Pi. I am pleased that you took action help improve the futures of our members.
When my wife Barb and I began searching for long term care insurance we determined
that it was not a simple process and involved many pieces. Both of us did research
on the internet for educational material and even attended local public events. After
a while we jumped and began speaking with long term car insurance reps. Thankfully,
I had submitted your June 09 email that announced the new LTCOEP. It was because
of this I spoke with Tau Beta Pi and was eventually connected with the a counselor
for LTC financial partners Stacey Malow-