The Need for Long-Term Care (LTC) is Real

Paying for the Rising Cost of Long-Term Care

  • Americans age 55 – 64 have only saved 12% of what they need for a secure retirement.
  • 57% of current Social Security recipients filed for benefits before reaching the age of 65.
  • The average couple retiring today will have to cover $295,000 in post-retirement health care expenses.
  • The average retirement account has a balance of $107,000.

In reviewing these retirement facts, coupled with the rising costs of LTC, the majority of the population is ill-equipped to cover future costs of LTC.

Arrow Alliance Industries sees the problem
and is pleased to offer our employees a solution through its Extended Care Program

Paying for long-term care, declining health that requires long-term care, and outliving savings and investments are among the top retirement concerns of American workers, today. Our Extended Care Program can provide both a living benefit (long-term care) and a survivor benefit (life insurance) that can be customized and extended based on individual needs.

Initially, all employees will be offered $2,000 monthly living benefit (long-term care) and $50,000 survivor benefit (life insurance). Please expect to be contacted by Frederick Helm to discuss the program, answer any questions, and obtain your directive on enrolling or waiving participation.

If you have any questions about your enrollment, wish to have your beneficiary designation different from what's listed under your Basic Life insurance, wish to modify the amount of your coverage or waive coverage, please do not hesitate to contact our Broker, Frederick Helm, at 866-246-9731, ext. 100 or email him at [email protected].