Long Term Care Insurance Statistics Gee Insurance Solutions Arlington TX Dallas TX 58% are concerned about paying for long-term care services but only 16% own long-term care insurance

What Can Long Term Care Insurance Do For You?

It’s not just what long-term care insurance can do for you, but what it can do for your loved ones.

Chances are most of us will need help at some point in our lives. In fact, those age 65 and older have a 70% chance of needing long-term care services at some point, according to the U.S. Department of Health and Human Services.

Where will that care come from?

Relying on family to care for you is an appealing option. You have their love and trust, and it’s comforting to know they would care for you and ensure your well-being.

At what cost?

But what many don’t consider is the difference between a companion and a caregiver. Having family to assist you is great, but studies show that relying on them day in and day out for your personal care takes a toll on their physical and emotional health.

Family members who work and provide caregiving services for a loved one are much more likely to suffer from maladies such as high blood pressure, reoccurring pain and depression than those who aren’t caregivers.1

Plus, many caregivers suffer long-term work and financial consequences from providing care. Nearly six in 10 caregivers report making work accommodations because of caregiving responsibilities.2

In addition, 62% report loss of income, and primary caregivers contribute $10,000 of their own money, on average, towards care and services, which could put their own financial goals such as college for their kids or retirement at risk.3

The solution

Long-term care insurance is a good solution to this problem. It pays for care when you need it and where you’d like to receive it. The majority of people—about 80%—who rely on care as they age get that care at home.4

Long-term care insurance can pay for a wide range of care, from help with housework to visits from a nurse to care in an assisted living or nursing facility, if needed.

Long-term care insurance gives you options and allows your loved ones to spend quality time—not caregiver time—with you.

Free Long Term Care Insurance Quotes

Getting free long term care insurance quotes has never been easier. Just contact us to get an information sheet that you can send back to us. Within a few days we will have results back to you showing you if you’re eligible for LTC insurance, and what the cost will be.

Our pre-screen keeps you from having to fill out long applications before knowing if you even want coverage.

At Gee Insurance Solutions our goal is to make your life easier, both now and in the future. Let us know how we can help, and take a look at a family that was held together thanks to Long Term Care Insurance.

1 Gallup-Healthways Well-Being Index, 2010
2 National Alliance for Caregiving and AARP, Caregiving in the U.S., 2015
3 Beyond Dollars 2015, Genworth
4 Congressional Budget Office, Rising Demand for Long-Term Services and Supports for Elderly People, June 2013

Old Yellow car stuck in the grass old timer vintage headlight hood bonnet things to avoid when buying a used car in dallas tx gee insurance solutions long term care insurance life insurance final expense insurance

Things To Avoid When Buying Used Cars In Dallas

One thing people in Dallas know is that you can’t rely on public transportation in the City. Dallas has DART for buses and rail, but to get around the city and the entire area, it is very beneficial to have your own car.

Almost 24 millions vehicles are registered in Texas each year, and while many of those are commercial vehicles, it stands to reason that Texans, and Dallas residents in particular buy a lot of cars each year.

Many people purchase used cars, and the reasons vary. Usually people buy a used car because of the lower cost. Others like knowing that a car didn’t come off the assembly line with problems. For many, a used car is the perfect vehicle for their child. In any event, you can find plenty of used cars for sale if you need one.

Things To Avoid When Buying A Used Car In Dallas

While there are reasons to buy a used car in Dallas, many people tend to make the same mistakes while making their purchase.

Here are some of the biggest things to avoid when buying your next used car…

Don’t Forget To Look At The Mileage

People always notice the year of the car or truck they are buying, but as strange as it sounds, many people forget to notice the mileage of the car.

Dallasites drive everywhere, and they usually have to drive a decent distance to get anywhere. Before you know it, the mileage of the car has skyrocketed.

And don’t forget that driving in Dallas includes a lot of start and stops, so even if the mileage isn’t too high, the car could have driven some tough distances. Make sure you are also checking on the vehicle service history. That will give you a good idea if Dallas-Fort Worth traffic was hard on the car you want to buy.

Stick With Looking At Cars In The Dallas Area

Many people want to look throughout the state of Texas, and maybe into Oklahoma for used cars. After all, why not cast a greater net to get a great deal?

In general, there isn’t anything wrong with that, however, it can be beneficial to stay in your own backyard.

Living in Dallas gives you an enormous advantage when searching for a new car: there are thousands of vehicles available. Do you really think you’ll find a better car or deal by searching in other cities like Waco, Austin, Houston, or San Antonio?

Maybe you will, but many people have found that they just spend a lot of time and money looking for cars that aren’t any better than what is down the block.

Dig Deep With The Owner Or Dealer

A problem that I hear about from my clients in Dallas is that they don’t do a good enough job of asking questions of the person they are buying the car from.

A vehicle listing will typically focus on the good aspects of the car, leaving the buyer to ask about conditions that the seller doesn’t want to disclose. I had a friend buy a truck with a steering wheel that fell off. Seriously.

It’s always a good idea to take someone with you when buying a car. When you need a car, it’s easy to only see the good things. A friend or family member with an objective eye can help you know whether or not that vehicle you want is a worthy purchase.

Buying a used car in DFW is a worthwhile thing to do if you are in the market, but make sure to remember these things to avoid when buying a used car in Dallas.