Because long term care expenses can pose a significant risk to the assets that many retirees have worked a lifetime to accumulate, AAA feels that Long Term Care Insurance should be strongly considered as part of a complete financial plan.
Medicare only covers nursing home care after a related three-day inpatient hospital stay and Medicaid doesn’t kick in until one has spent down a significant portion of their assets.
AAA Oklahoma endorses* Long Term Care Insurance underwritten by Genworth Life Insurance Company, the largest provider of individual Long Term Care Insurance**, to assist our members on learning more about this important financial planning topic.
For more information or to speak with an agent who specializes in Long Term Care Insurance, call
1-877-257-0344 and enter PIN#2100.
*AAA Oklahoma receives reimbursement for its expenses associated with this endorsement.
** LifePlans 2007 Long Term Care Individual and Group Association Top Writers Survey Results. Based on number of individual policies sold and individual annualized premium inforce.
Policy Form Series: 7042OK Rev, 7044OK Rev, 7048
45626 07/31/08