Preferred Benefits LLC



           Disability

          Insurance


What is your most valuable asset? 

The answer is YOU!


Disability insurance protects your ability to earn an income.


How long could you and you family realistically keep your same lifestyle if you became sick or disabled and couldn't earn a paycheck? 


How would you pay your mortgage, car payments, health insurance, utilities, tuition payments for your children, or monthly food bills?


75% of disabilities are caused by an illness rather than an accident.  1 in 3 people between the ages of 30 and 65 will become disabled at some time during their life.


Today, even those with less than perfect health may qualify for disability insurance benefits.Even if you could return to work on a part-time basis, disability insurance will allow you to receive benefits proportionate to the income lost as a result of your reduced schedule.


Did you know that the benefits you receive from a disability policy are received income tax-free?


We represent top disability insurance carriers including Metlife, Principal, Standard, Mutual of Omaha, and Lloyd's of London.


      Long-Term Care

           Insurance 


Long-term care is the help that a person of any age needs to maintain the activities of daily living such as bathing, dressing, eating, toileting, and mobility.  Care can be provided at home, in an adult day care center, assisted living facility, nursing home, or in a hospice setting.


  • The average daily rate for a private room in a nursing home is $275,

           or $100,000 annually


  • The monthly  rate  in a top assisted living community is $7000, or $84,000 annually


  • Home health aides average $25/hour


  • Costs are projected at at least triple in 20 years, according to the General Accounting Office


Medicaid (welfare) pays only for nursing home care after you have first used up most of your own assets.  Health insurance and Medicare pay only very limited short-term recovery benefits.  Ask yourself:  How long could I afford to pay $100,000 a year out of my own pocket if I needed long-term care ?


For pennies on the dollar, you can  help protect your assets from the often devastating costs of long-term care and give yourself and your family indpendence and choice about where you receive your care. 


Our leading carriers include Genworth, Transamerica, Mutual of Omaha, Lincoln Benefit, and John Hancock.

                  Life

         Insurance


There are many sound reasons to purchase life insurance. It can provide security for your family in the event of your death.  It can help pay debts and taxes, build an estate, pay for a college education for your grandchildren, and pay for final burial expenses.

 

Available options include:

  • Affordable 10, 15, 20, 30 year level term insurance


  • Return-of-Premium (ROP) term life


  • Guaranteed conversion to a permanent policy


  • Permanent life insurance - Whole Life, Universal Life


  • Life insurance with long-term care benefit rider


The time to purchase life insurance is when you are in good health.  Carriers may request medical records in order to offer the best premium class. 


To apply, a short application is completed and it is usual for carriers to request a  paramedical exam,  which includes collection of a blood and urine sample, at a location of your choice.


Included among our 50 leading carriers are Genworth, Metlife, John Hancock, Transamerica, Banner Life, AIG, Guardian, Prudential, Protective, AXA, American General, Principal, New York Life,  Nationwide, Lincoln, Protective, and Mutual of Omaha.