Insurance Myths

Myth #12: I only drive my car occasionally, so I don’t need higher limits.
The possibility of an accident is the same whether you drive a car every day or once a year.  Your liability for injury you cause or property you damage isn’t diminished because you don’t drive often. Make sure you always have good protection limits. If you’re looking to reduce expenses, consider increasing your deductible.

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Long-Term Care Insurance

Long term care insurance can be confusing, no matter who you are, especially if you don't know who to turn to for expert advice.

The good news is that the Morris Insurance Agency provides the help you're looking for - easy policy evaluation and comparison.

The Facts Are Clear

Anyone with even a passing experience with Alzheimer's, stroke, Parkinson's or elder frailty can appreciate the severity and financial devastation of these all-too-common life events and the inevitable care required. This is why we want protection.

  • The average Ancient Greek lived until age 18. The median life span of a Puritan was 33. The average American life expectancy is now about 75 years for men, 84 for women. Over half of Americans will spend part of these these extended years in long-term care situations.
  • By 2030, one in five Americans will be a senior citizen. If you are a Baby Boomer, this includes you. Americans are living longer and healthier, thanks to better diet, better medical care and safer living & working environments. Yet no one is immune to the effects of aging and longevity - effects that often result in reduced physical or mental ability.
  • In 1994, 7.3 million Americans needed long term care (LTC) services at an average cost of nearly $43,800 per year. By 2000, this number rose to 9 million Americans at nearly $55,750 per year. It's currently near $75,000 per year. By 2030 those needing LTC will skyrocket to 23+ million Americans, with projected, individual long term care costs reaching $300,000 annually per individual!

Will you have that kind of money to spare?

With a history of millions of Americans in care situations living with longevity, elder frailty, stroke, Multiple Sclerosis, Parkinson's, Alzheimer's, Spinal Cord Injury, Cerebral Palsy, accidents and other conditions that affect 50+% of folks over age 65, we can testify to the need for mature thinking and adult decisions when it comes to long term care planning.