LONG TERM CARE LIFE INSURANCE - Insurance Lead Conversion Video | WebPrez

The speaker cites a U.S. Department of Health and Human Services statistic that two‑thirds of Americans will eventually need some form of elder‑care services such as assisted living, home nursing, convalescent, hospice, or custodial care. These services are not covered by Medicare or Medicare supplement plans, and monthly costs typically range from $3,000 to $7,000 or more, varying by location and level of care. The speaker explains that while long‑term care insurance can cover these expenses, it is costly and the premiums are lost if the policy is never used. Consequently, individuals without insurance must rely on personal savings, and if those savings are insufficient, the financial burden shifts to family members, either through direct payments or by taking the elder into their homes.










