What does Long Term Care insurance do for you?

  • You gain peace of mind and won't burden your family. They will be free to help manage the professionals providing your assistance; to care about you; plus help as they can.
  • You can be at home and independent as possible, which allows you to retain your dignity.
  • Your children won't face the difficult task of helping a parent with personal functions. Doing this would be very emotional for them!
  • You won't have to worry that conflict will develop among siblings over spending their parents savings nest egg for one vs retaining these funds for the other's retirement.

How does this special insurance I like to call

"Key Family Protection"© work?


How does this special kind of insurance work?

Creates a guaranteed pool of funds, which can grow to be significant.

       For example: A Single person age 55 selects a three year Benefit Period; an initial Benefit Amount of $7,000 a month; and adds the 5% compound inflation option. When this person is, say age 82, the annual Benefit pool would have grown to $940,831.

Provides professional care giving counselors when a change in health happens. Assistance options in the area are reviewed with you and a plan is developed for the kind of help you and family agree is needed. Counselors are independent from any service and support providers you may use.

Call John C Parker today - 860.739.0005 - for a free consultation on your interests and what this "long term health insurance" can mean for you.

What about government coverage?

The question becomes - will MedicAID's funding, which is not guaranteed, continue to provide assistance at today's level?

  • Some think it will be so they plan to wait and apply if needed.
  • Many don't want the kind of lifestyle, which comes with MedicAID's long term services. They believe their dignity would be lost.

Note: In Connecticut, because of very low MedicAID reimbursement rates, assistance is usually only available in certain nursing homes. More information on how government care works.

Some points about the cost of a plan:


  • The amount you pay is based on your age the date you apply, your health situation at that time, and a very important factor - the level of benefits you select.
  • What ever might be paid it's just pennies on the dollar in comparison to the significant funds you would need to pay for help yourself.
  • It is much lower than the cost vs risk of home or auto insurance!

An important but little understood value - owning insurance has a positive affect on taxes!

Benefits received from your plan's pool of funds are tax free! On the other hand each dollar withdrawn from investments to pay for help directly will be taxable!

The IRS also allows a person, who purchased a tax qualified Long Term Care insurance plan, to take a partial deduction, which is based on your age. It happens when completing the IRS 1040. Here are the allowable amounts and other details.

Call John C Parker today at 860.739.0005 to talk about these values. I will get back to you if not available.

Some of the advantages of taking action today to plan for long term care services are on the next page.

John C Parker, has achieved professional designations as a Long Term Care Insurance professional and a Registered Health Underwriter. John is licensed to conduct business in CT (644135) and RI (1058420) and does not solicit or sell in other states.

This site shares insights from extensive involvement in professional associations, industry conferences, working with leading Long Term Care Insurance organizations, and individual research. These pages do not advocate a specific company or plan.


Insightful advice - no cost to you.

John C. Parker

John’s commitment to helping individuals prepare, in the most economical way, for needing help with day to day activities is rooted in parents needing long term services.

Call Now for a Free Consultation [860.739.0005]


Free Little Book

The ABC's of Long Term Care Insurance

Connecticut residents - send a note to receive a copy of this useful little book written by Phyllis Shelton. It can help determine if Long Term Care insurance is right for you and your family.

eMail John for a free copy »

Call John today - (860) 739-0005 - we can visit; answer questions; and there will be no pressure. The meeting is free too.