Extended Care is a life changing event that has serious consequences to those who have no choice but to provide care. Taking care of a chronically ill family member will make a healthy person chronically ill. These events do not bring families together, they tear them apart. The goal of any Extended Care Solution is to help place the family back to where they were emotionally, physically, & financially before the event took place. The solutions:
- Provide a stream of income to fund a plan of care
- Preserve income for a lifestyle which tangentially protects assets
- Allows your spouse/loved ones to supervise care, not provide care
- Allows your children to continue their lives as opposed to setting them aside because their parents are no longer safe
- Results in keeping siblings together by keeping them apart
You are reading this and saying "This won't happen to me" - and you are right - it won't.
But what if it did? What if you were compromised and no longer had the ability to get through the most basic of daily routines? What if ...
By definition, paying for care requires a reallocation of income and assets. It therefore disrupts plans for retirement or care of a special needs child.
These solutions provide a predictable income stream that is used to pay for care. By doing so, it allows those you love to supervise rather than provide care. Since care is paid for, income does not have to be reallocated. This allows you to keep your prior financial commitments - to keep your promise.
Provide Us Your Information For A Free Insurance Review
We have partnerships with Financial Planners and we represent excellent insurance carriers that offer comprehensive coverages that protect your business at very competitive pricing. Some of the companies we utilize include: Guardian, John Hancock, Banner, Transamerica, ING, Prudential, Met Life
Fanelli, Harley, Harper & Assoc., Ltd.
42 East Lancaster Avenue, Suite 101
Paoli, PA 19301