LIFE, HEALTH & ANNUITIES
New to buying life insurance? Learn how it works and what you need to understand to choose your coverage.
A life insurance policy is a contract with an insurance company. In exchange for premium payments, the insurance company provides a lump-sum payment, known as a death benefit, to beneficiaries upon the insured's death.
LONG TERM CARE HYBRID
As standalone long-term care insurance becomes more expensive and harder to find, more consumers are turning to hybrid life insurance policies or annuity contracts, which combine life insurance or annuity and long-term care coverage.
We are a team of professionals dedicated to helping those with loved ones in a nursing home or going into a nursing home to qualify for Florida Medicaid. We are a filing company working closely with licensed professionals to give you complete information, satisfaction and protection.
VA PRE-FILING - AID & ATTENDANCE
Disability compensation is a monetary benefit paid to Veterans who are determined by VA to be disabled by an injury or illness that was incurred or aggravated during active military service. These disabilities are considered to be service connected.
A Professional Relative is usually a social worker or a licensed nurse who specializes in geriatrics, or care of the elderly. They can help you and your family identify needs and finds ways to meet those needs. They are specially trained to help find resources to make your daily life, or that of a loved one easier. Professional Relatives can be especially helpful when family members live far apart and could benefit from someone on your team, looking out for your loved one’s best interest.
LONG TERM CARE EXPENSE PLANNING
To shield retires and seniors from the high cost of receiving long term care and protect their hard earned assets, P.A. Consulting Services markets and sells certain Life Insurance and Annuities that provides long term care benefits. These are typically called Long Term Care Hybrid. Another type of Long Term Care Insurance that provides certain attractive benefits are called “Partnership contracts”. Additionally some annuities are designed to help with qualifying for government programs, like Medicaid and Veteran’s Aid and Attendance.*
Most Seniors can receive tax free income to assist with future long term care expenses without having to apply for Medicaid or
Traditional long term care insurance. To take of advantage of this, they would need to have this in place before long term care services are needed and in fair health up to age 85.