NEWS BRIEF - NOVEMBER 2020
Yes, indeed. November is the awareness month for many causes. Some fun, even funny. Others deadly serious like Alzheimer’s. There is no cure. It’s the sixth cause of death in the U.S. Medical research reports there is a blood test to diagnose Alzheimer’s.

We’ve heard this for years. The prudent strategy would be to get your long-term care insurance or alternate funding strategy in place before you explore testing. Why? Because any indication of cognitive decline is uninsurable. A colleague used to say, “We’re all just one doctor’s appointment away from being uninsurable.” If we make it to age 90, 50% of us will be cognitively impaired. Scary thought. Even if you are part of the lucky 50% that escapes dementia, get your funding strategy in place.

Alzheimer’s doesn’t just affect a person. It impacts an entire family.
Culling down the long list of awareness campaigns this month to our top three: Alzheimer's, Caregiving, and Long-Term Care.
Not another rate increase! Learn why long-term care premiums are on the rise and what happens when the initial rate was too low.
How old is too old for long-term care insurance? What to look at if you have aged out or don't qualify for the typical solutions.
Kids really do want to help, but rarely understand the enormity of caregiving until they are in the thick of it.
Did You Know?
We are experiencing premium increases. Some to in-force policyholders and some to new applicants. If you have a policy and are confronting a premium increase, you are one of the lucky ones. Why? Because if you already have long-term care insurance you bought earlier and have paid a lesser premium than new applicants today. And even looking at a replacement policy would cost way more than the increase on an in-force policy. Why? You’re older. Policy designs have changed and premiums have increased over time to new applicants. A premium increase is an opportunity to review coverage and cost. Is what you bought what you need now? As a colleague says, “Better to have and not need than need and not have.”
Nicole Gurley, CLTC
Gurley Long-Term Care Insurance
480.515.2715