What You Need To Know About Long-Term Care Insurance | Young At Heart Home Care

This video features a conversation between Erica Kanjan, Founder and CEO of ‪@YoungAtHeartHomeCare‬, and Michael Bodner, a Financial Advisor at ‪@Ameriprise‬, about the importance of long-term care (LTC) insurance in a comprehensive financial plan. ⏰ 𝗞𝗲𝘆 𝗠𝗼𝗺𝗲𝗻𝘁𝘀 𝗜𝗻 𝗧𝗵𝗶𝘀 𝗘𝗽𝗶𝘀𝗼𝗱𝗲: 00:00 - 00:42 Meet Financial Advisor Michael 00:43 - 01:02 What exactly is Long-Term Care? 01:03 - 02:09 The Gap: Why Medicare isn't enough 02:10 - 02:46 3 Main Options for LTC Insurance: Traditional LTC, LTC Rider on Life Insurance, Hybrid Plans 02:47 - 03:30 The Hybrid Approach: Use it or keep it 03:31 - 04:13 How to qualify for LTC benefits 04:14 - 05:48 Understanding the Elimination Period 05:49 - 06:56 What types of care are covered? 06:57 - 08:20 Home Care vs. Assisted Living facilities 08:21 - 09:12 How to choose the right plan for your family 09:13 - 10:04 Cost breakdown and next steps 10:05 - 10:50 Final advice: Peace of mind for your aging journey Subscribe to our channel and turn on notifications to stay updated on new videos and resources! 𝗙𝗼𝗹𝗹𝗼𝘄 𝘂𝘀 𝗳𝗼𝗿 𝗺𝗼𝗿𝗲: Website: https://yahhomecare.com Facebook:   / youngathearthomecare   Instagram:   / youngathearthomecare   LinkedIn:   / youngathearthomecare   Tiktok:   / youngathearthomecare   YouTube:    / @youngathearthomecare   📞 Call our Miami/Broward office: (954) 425-9900 📞 Call our Boca/Palm Beach office: (561) 425-9900 𝗡𝗲𝗲𝗱 𝘀𝘂𝗽𝗽𝗼𝗿𝘁 𝗮𝘁 𝗵𝗼𝗺𝗲 𝗳𝗼𝗿 𝘆𝗼𝘂 𝗼𝗿 𝘆𝗼𝘂𝗿 𝗹𝗼𝘃𝗲𝗱 𝗼𝗻𝗲𝘀? 👉 𝗦𝗰𝗵𝗲𝗱𝘂𝗹𝗲 𝘆𝗼𝘂𝗿 𝗳𝗿𝗲𝗲 𝗮𝘀𝘀𝗲𝘀𝘀𝗺𝗲𝗻𝘁 𝘁𝗼𝗱𝗮𝘆: https://calendly.com/youngathearthome... #longtermcareinsurance #longtermcareplanning #financialplanning #broward #palmbeach #miamidade #privatecare #seniorcare #longtermcare #homecare #youngathearthomecare