Valencia Disability and Long Term Care Insurance Agents
Important Parts of Your Family’s Safety Net
Most people recognize the value of having Life Insurance to protect their
family. Disability Insurance is also very important to maintain your family’s
lifestyle in case you become ill or injured and cannot work. If you can’t
work, how will you pay your bills? From your savings? Yes, but how long
can you do that? What if you have a Long Term Disability and can never
go back to work? Disability Insurance can help fill that gap. Statistically,
you are much more likely to have a Disability event than to die prematurely.
Do not overlook this very important tool to help protect you and your
family from financial disaster.
There are two main types of Disability Insurance:
- Short Term Disability – Typically from 6-12 months. You may have
some coverage through your Employer or with the State, or you can purchase
a private policy.
- Long Term Disability - Continues beyond that initial 6-12 month period,
perhaps for Life. Private policies can pay you for 2 years, 5 years, to
age 65, or perhaps even later.
Long Term Care Insurance (LTC)
Long Term Care Insurance is very different from Disability Insurance. While
Disability Insurance helps replace your lost income, Long Term Care Insurance
reimburses you for qualified Long Term Care Services when you need them
due to an accident, illness, or advanced age.
Long Term Care costs can easily top $100,000 per year and can last for
many years. Medicare provides very little coverage, if any, typically
not for more than 100 days. Costs may be paid by Medi-Cal if you are financially
qualified. Way too often these costs are paid from the person’s
retirement savings or by their family. A significant LTC event can be
financially devastating to that individual, their spouse, or their children.
A private LTC Insurance policy can help pay these costs whether you receive
care at a facility, assisted living location, or at HOME. Call us to find
out about this important coverage! The earlier the better as it is more
affordable at a younger age.
Don’t Wait! Call our SCV insurance specialists at (888) 522-7805 today!