Louisiana's #1 choice for long-term-care protection
We specialize in affordable plans, helping you tailor a plan to fit your needs and your budget!
About Us
The Van Group, LLC was formed in 1986 and have specialized in all different types of long term care protection. We are an independent broker and therefore can write for any company. This means our loyalty is to you and not the company. During this time, we have helped 1000’s of people with their long-term care protection needs via large employer groups, associations, as well as many individuals that need our assistance.
Learn how important, affordable, and easy to qualify our plans are for you.
How can we help?
Many are not aware that though the need is greater than ever and growing, today there are more affordable options than ever. An experienced agency like The Van Group, LLC has the capability to find you a plan that not only fits your needs but also fits your budget. For many, this could be one of the most important financial decision they ever make.
What is Long Term Care?
This is the care you may need due to either a sickness, accident or advancing age when you need assistance with your activities of daily living. Things such as bathing, dressing, eating, toileting, transferring, continence or if you were to become cognitively impaired. These are generally things not paid for by health insurance.
Who needs long term care?
Today, statistics show 1 out of every 2 people who reach age 65 will need some form of long-term care. However, 40% of all those who currently are receiving care are working age adults between the ages of 18-64. Statistics for the future are predicting that almost twice as many people will need long term care in 2040 than currently are receiving it today due to the aging baby boomers.
Who pays for long term care?
What are your options?
Today, there are multiple options to choose from to insure yourself, your family, and the assets you have worked so hard for.
Traditional Long Term Care Insurance Plans
These plans have been around for a long time and offer the most comprehensive coverage. Today, there is a limited number of companies offering these plans, but they are the best option to prepare for long term care in a comprehensive way. It is important you are healthy enough to qualify as they are underwritten very thoroughly.
Life Insurance Plans With Long Term Care Riders
Though they can be a little more expensive than the traditional plans they provide the assurance that you are not paying premiums that you will never recover. If you never use the long-term care benefit these plans will pay a death benefit to the beneficiary of your choice.
Short Term Care Insurance Plans & Standalone Home Health Plans
These are the most affordable and easiest to qualify for of all the plans. Though they pay for a limited time period, they do pay cash which allows you the ability to use the monies how you and your family see fit. For many this is the answer to the expensive and harder to qualify for traditional long term care plans.
TO BUY OR NOT TO BUY...THAT IS THE QUESTION!
A study was done by The National Academy of Elder Law Attorneys in which they compared the risk of losing a person’s life-savings because of Long Term Care with the risk of losing a person’s life-savings as a result of a major automobile accident or a house fire. The risk study revealed:
Major Automobile Accident: 1 out in 240 | House Fire: 1 in 1,200 | Long Term Care: 1 in 2 or 50% chance of needing Long Term Care.
5 Myths About Long Term Care Insurance
February 2, 2024
MYTH: I’m young and healthy, so why do I need long term care insurance?
FACT: Currently almost 1 in 2 people will require some sort of long term care assistance over the age of 65. Forty percent between the age of 18 and 65! There is also a 1 in 3 chance you will have to assist a family member with such care.
5 Reasons Today’s New Stand-Alone Home Health Care Plans are Becoming So Popular!
February 2, 2024
Today, many long-term care claims start and end in your home.
This is a great low cost alternative to long term care insurance.
Great way to make sure your family is not burdened with the tough choice of either taking care of you themselves or putting you in a facility.
5 Thought-Provoking Long Term Care Statistics
February 2, 2024
The Van Group has helped 1000’s of people in LA, MS and AR protect themselves and their families from the high cost of long term care.