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Fourth Quarter 2022
NEWS YOU CAN USE FROM THE EXPERTS AT LLIS
Once upon a time there was a lady who would go home to Canada to visit her widowed mother at Thanksgiving. OK, seriously, I go home once or twice a year and I’ve started seeing a difference in my mother (now 92). My brother, who lives near her, keeps me up-to-date on her wellbeing regularly. Here is what we’ve noticed in the last few years:
About two years ago we contacted a service to have a caregiver come see mom and help with household chores, grocery shopping, and food prep. The first day, the lady came and mom ended up serving her coffee and cookies. Mom told us she didn’t need to come back; that she could look after herself.
We have talked to mom about going into an assisted living facility where several of her friends live, but she doesn’t want to talk about it now (“Maybe in a few months,” she tells us). As my brother says, mom is very good at deferring or saying what she knows we want to hear and then doing what she wants. If we could convince mom to allow a caregiver to come in to assist with everyday activities, it would make my brother’s life easier (and allow him to be son, not full-time caregiver), plus we know mom would enjoy the company.
If she had an LTCi policy, she wouldn’t be eligible to go on claim yet because she can still take care of herself. But when the times comes, if she had a policy I know it would be easier to convince her to get help.
When I saw this article in Think Advisor, I thought it hit the mark with what your clients (and you) ought to be thinking about with the holidays and visits approaching. And timing is everything: By the time I started in the LTCi arena, my parents were already in their 80s, so getting them a policy wasn’t possible. And please urge your clients to talk to their parents sooner than later. When they start seeing differences like the ones we’ve been seeing in my mom, it’s too late to get coverage.
I hope you glean some good tips to share with your clients. And I'm just a phone call or email away for help.
LTCi and Hybrid Specialist
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