SunGate Insurance Agency Blog
For many people, retirement planning conjures up enticing visions of long, sunny vacations and free time spent with friends and loved ones. Yet there is another, less pleasant aspect of retirement planning that is even more important but all-too-often overlooked: the potential for declining health and the need for expensive long term health care. Purchasing long term care insurance in your 50s or 60s may play a critical role in ensuring that you can afford high quality health care throughout your golden years without draining your savings or compromising your financial independence.
Medical science is advancing so quickly these days that it can seem—to the general public at least—like there is a treatment or medication that will solve every ailment. This perception can lead to the belief that doctors and medical practitioners are modern-day miracle workers with an easy cure right at their fingertips. Unfortunately, when the expected miracle doesn’t happen and the outcome is less than successful, many patients quickly look for someone to blame. As a result, every doctor may find themselves facing a malpractice lawsuit, even if the course of treatment was correct and mistake-free.
Americans are living longer than ever; in fact, there’s a pretty good chance that you will live well into your 80s and maybe even into your 90s. That’s a pretty exciting prospect for many of us! Yet while we all like to think about all the fun things we can do with those extended golden years, there’s another aspect of longevity that requires serious planning well in advance: the likelihood that at some point, down the road, you will need long term health care.
Handling insurance coverages for medical practitioners can be tricky business. Certainly healthcare and medical professionals must be covered against some very specific risks unique to the healthcare industry. Yet it can be easy to forget that a medical office also faces the same risks as any other small- or medium-sized business.
As a Travelers Independent Car Insurance Agent, we always find the coverage that's best for you. We work with a number of different insurance companies to make sure you get the best price, coverage and service. And then give you all the discounts and benefits Travelers offers, while still shopping around for you at other companies.