Disability Insurance + Long Term Care


Disability is insurance for your paycheck. It ensures that if you are unable to work because of illness or injury, you will continue to receive an income and make ends meet until you’re able to return to work.

Simply put, if you have a job, you most likely need disability insurance. The possibility of a disabling illness or injury may seem remote, but statistics say otherwise.

  • People have a three in 10 chance of suffering a disability that keeps them out of work for 90 days or longer at some point during their working career.
  • 90% of disabilities are caused by illnesses not accidents.2

Most of us have some kind of personal debt, such as a mortgage or credit card bills. Would you be able to maintain your standard of living if you were too ill or injured to work for an extended length of time? Plus, a disabling injury or illness could lead to medical bills, modifications to your car or home or other unforeseen needs that can be quite expensive.

You also have to think long term. How much do you earn in a year and what would that be over a lifetime.

  • A 25-year-old worker who makes $50,000 a year and suffers a permanent disability could lose $3.8 million in future earnings.

For all these reasons, almost anyone who works—whether they’re single, married, with children or without—should consider disability insurance.

1 The Real Risk of Disability in the United States, Milliman Inc., on behalf of the LIFE Foundation, May 2007
2 The Council for Disability Awareness, Long-Term Disability Claims Review, 2010

Click below for a downloadable PDF that will help you determine your needs.

For immediate assistance please contact us directly: 858.779.2486

Long Term Care

Did you know that neither your health insurance nor Medicare would pay for extended long-term care services in the event that you needed them in the future?

If you develop a chronic illness or become disabled and can no longer care for yourself for an extended period of time, you’ll need long-term care services.

  • The median cost for a home-health aide for an eight-hour day is more than $49,000 a year, while 
  • nursing care in a facility with a private room has a median cost of almost $98,000 a year.1 

Who Needs It?

Given that the cost of long-term care can quickly deplete your life’s savings, most people should seriously consider adding long-term care insurance to their financial plan. 

  • Ensures you’ll have access to first-rate care when you need it, and that you won’t have to be dependent on others or be a burden to your children. 
  • Long-term care services are not just for older people: Anyone who’s has been in an accident or suffers from a debilitating illness may also require round the clock care. 
  • 40% of patients receiving long-term care are under age 65.
  • If you can afford to pay for care without significantly impacting your assets, you may not need long-term care insurance.

What Does Long Term Care do for you? 

  • Allows you to stay at home or in a setting of your choice
  • Helps you maintain your independence and dignity
  • Can help protect your retirement assets or income
  • Helps relieve financial and caregiving pressure on your family

 Where is care provided?

  • Home health care: Services provided at home
  • Assisted living facility: Residential care setting that provides housing and support services for people wanting or needing assistance with daily living tasks
  • Memory loss units: Often located as a separate wing of an assisted living facility, these units provide 24-hour support, and locked premises to assure that no one wanders off
  • Nursing home: Full-time care in a dedicated facility
  • Adult day care: Community-based, daytime supervision providing social, recreational or health assistance off-site during working hours

Source: 2018 Insurance Barometer Study, Life Happens