Brethren Benefit Trust Notice
What do you know about long-term care insurance?
Do you know that 75 percent of people age 65 and older will eventually need long-term care?
Do you know that about 75 percent of all single people and 50 percent of all couples spend their entire savings within one year of entering a nursing home?
Do you know that, for every one person receiving long-term care in a nursing home, there are four people receiving home health care?
Here’s another thing you should know — Brethren Insurance Services, a ministry of Brethren Benefit Trust, offers LTCi for all Church of the Brethren members, as well as their families and friends.
Long-term care insurance is the only insurance that pays for the kind of custodial care that becomes necessary with the loss of two or more activities of daily living — bathing, eating, dressing, toileting, continence, and transferring — or cognitive impairment.
The provider companies with which Brethren Insurance Services works include John Hancock, Genworth, Mutual of Omaha, Prudential, Transamerica, and Lincoln. These companies provide comprehensive insurance plans that include home care, skilled care, assisted living, respite care, and hospice care. All of these companies are A-rated or better by A.M. Best, a source that evaluates the financial stability of insurance companies.
A recent feature available with these policies is a qualification for a state partnership, which provides the capacity to protect some of the insured’s financial assets if the policy runs out while care is still needed. Currently, 40 states participate in this partnership.
Want to know more? Please contact Randy Yoder, Client Development Representative for Brethren Insurance Services, at 847-622-3362 or ryoder_bbt@brethren.org.
Do you know that 75 percent of people age 65 and older will eventually need long-term care?
Do you know that about 75 percent of all single people and 50 percent of all couples spend their entire savings within one year of entering a nursing home?
Do you know that, for every one person receiving long-term care in a nursing home, there are four people receiving home health care?
Here’s another thing you should know — Brethren Insurance Services, a ministry of Brethren Benefit Trust, offers LTCi for all Church of the Brethren members, as well as their families and friends.
Long-term care insurance is the only insurance that pays for the kind of custodial care that becomes necessary with the loss of two or more activities of daily living — bathing, eating, dressing, toileting, continence, and transferring — or cognitive impairment.
The provider companies with which Brethren Insurance Services works include John Hancock, Genworth, Mutual of Omaha, Prudential, Transamerica, and Lincoln. These companies provide comprehensive insurance plans that include home care, skilled care, assisted living, respite care, and hospice care. All of these companies are A-rated or better by A.M. Best, a source that evaluates the financial stability of insurance companies.
A recent feature available with these policies is a qualification for a state partnership, which provides the capacity to protect some of the insured’s financial assets if the policy runs out while care is still needed. Currently, 40 states participate in this partnership.
Want to know more? Please contact Randy Yoder, Client Development Representative for Brethren Insurance Services, at 847-622-3362 or ryoder_bbt@brethren.org.
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