NMAER GROUP LONG TERM CARE
Long Term Care is one of the major threats to retirees today. Without a Long Term Care policy, we are left to pay for the care out of our life’s savings because Medicare and our Supplement only pay a small portion of the care and they only pay during the first 100 days. Studies have found that almost 1 of every 2 people 65 and older will need Nursing care and about 7 of every 10 will need home care. As many of you already know, the cost of this care can be overwhelming; the national average is over $40,000 annually. Considering the average stay is 2 ˝ years it is not uncommon for retirees to spend at least $100,000 on Long Term Care.
For that reason NMAER has endorsed the Group Long Term Care Policy underwritten by United Teacher Associates and marketed by Association Member Benefits Advisors. AMBA and UTA have a long history of providing “Members Only” benefits to retired educators. The Group LTC policy is very flexible and is the most affordable LTC policy offered today because of the group discount. To learn more about the NMAER Group Long Term Care Policy, call 1-800-258-7041.
FIRST DIAGNOSIS CANCER POLICY
One of every three Americans will be diagnosed with cancer at some point in their life. Fortunately research and technology have provided us with higher survival rates. In fact, during the 1940’s only about 1 in 4 patients had any hope of long-term survival. This year, four out of ten patients will live for five years or more. Medical insurance only pays about 66% of the costs associated with cancer. The other 34% are non-medical expenses therefore our insurance doesn’t pay. The UTA First Diagnosis Cancer Policy will pay a Lump Sum benefit of $10,000-$50,000 when you are first diagnosed with any form of internal cancer or a malignant melanoma. To find out more about the Cancer Benefit call 1-800-258-7041.
FINAL EXPENSE POLICY
To cover your final expenses UTA offers a low-cost Whole Life Policy with benefits up to $25,000. To find out more about this benefit call 1-800-258-7041.
TAX DEFFERRED ANNUITY
UTA offers a Tax Deferred Annuity that pays a Guaranteed Minimum each year and allows for tax differed growth. To find out more call 1-800-258-7041.