Welcome to Hart Insurance Group, Inc.
As an independent agency we help our clients to buy life insurance, disability insurance and long term care insurance. We shop the market for our clients for the best value. We also assist employers with offering group benefits, such as voluntary life and dental and health insurance to their employees.
PLAN AHEAD: Important Questions (and Answers) Regarding Long-Term Care Insurance
YOUR FUTURE IS OUR PRESENT
Winston Churchill said, “However beautiful the strategy, you should occasionally look at the results.” If your strategy is to buy term that is convertible when you are in your sixties; the game has changed. The insurance industry is changing its conversion options at lightning speed. The new strategy should be to own part of your[…]
Permanent Insurance vs. Term Insurance Permanent insurance provides death benefit protection for the lifetime of the insured. Flexible premium payments and adjustable death benefit protection is available in some types of policies. Other advantages include tax-deferred growth on policy values as well as access to policy values through policy loans and withdrawals. Term insurance[…]
There are new innovative products ………… combining life insurance with a premium refund and a rider for long term care. We all need to rethink our planning for retirement because of the changes in health care and the likelihood of increased taxes. Term insurance has huge advantages for meeting the needs of a new family[…]
Babs W. Hart recently attended the Million Dollar Round Table (MDRT) international conference in Toronto Canada. The MDRT is the premier organization for insurance professionals composed of the top 1% of the insurance agents in the world. She has qualified for membership for the past 10 years. While at the conference Ms. Hart was presented[…]
HOW DO I RECEIVE THE MOST FROM MY LONG TERM HEALTH CARE POLICY AT CLAIM TIME? Whether you purchased your policy last year or 20 years ago, you want to receive every benefit provided through your contract at claim time. One of my first experiences as an agent was very difficult. A couple had purchased long-term[…]
Long-term care insurance is paid out over different periods. When you purchase a long-term care policy, you will be able to select the benefit period. The most common ones are 2 years, 3 years, 4 years, 5 years and lifetime. The lifetime benefit offers the most secure benefit because the plan will pay the benefit[…]
WHICH INFLATION PROTECTION SHOULD BE ADDED TO THE POLICY SO THE PLAN KEEPS UP WITH THE RISING COSTS OF LONG-TERM CARE SERVICES?
A number of options are available to help your long-term care plan keep up with the rising cost of care. Future Purchase Offer– This product is designed to protect the insured for 15 to 20 years, and inflation protection isn’t built into this plan. Every three years, however, the insured is given the opportunity to[…]
WHAT PARAMETERS SHOULD I USE TO DETERMINE IF I SHOULD BUY LONG-TERM CARE INSURANCE OR PAY FOR SERVICES WITH MY ACCUMULATED ASSETS?
When I began this project in the spring of 2008, who could have imagined that the economy would see such a drastic decline? Many people who were comfortable paying long-term healthcare costs out of pocket have seen their portfolios shrink by 40% or more. Most believe the country will hit the elusive bottom and then[…]
IN ORDER TO answer this question we should take a look at reasons for buying long-term care insurance at different ages. Ages 50 to 60 It is best to begin investigating long term care insurance in your early 50’s since the premiums are driven by age and current health. Additionally, there is something about age[…]
WHEN YOU PURCHASE long term care insurance look carefully at how the benefit will be paid to once you become eligible to receive them. You are buying long-term care insurance for a future time when you may need professional services because you are unable to care for yourself independently. Some contracts deliver the benefit by[…]