Baygroup Insurance

Maryland's premier Long-Term Care insurance agency

Long Term Care Insurance

Long Term Care Insurance - Laurel, Prince George's County, Maryland

Having very recently watched both of my grandmothers and my father-in-law's health decline to where they all required caregiving at the end of their lives, my husband and I both realized it was time to prepare, as best we could, for our own future health care needs. Melissa Barnickel was tireless, and always helpful and cheerful, in answering our seemingly never ending questions to select a LTC program for us. We are very grateful for her vast knowledge of the business and for her incredible insights. We now feel very well prepared to face that last chapter in lives. Mrs. P. S.

Can I qualify for long term care insurance if I have some health issues?

Perfect health is not required.  If your health conditions are controlled, no current physical therapy or procedures recommended not performed you may health qualify.

For Individuals

For Individuals

Preserve your quality of life, financial resources & positive family relationships.

We are living longer due to advances in medical science, but there is a downside. We are more likely to develop a chronic long-term condition, experience an unexpected event or require assistance with everyday activities due to illness or the frailty that naturally comes with aging.

For Advisors

For Advisors - Long Term Care Insurance for your clients

The long term care insurance sales process takes a long time. Let us do this for you!

We partner with Financial Advisors who are busy servicing clients on investments and financial plans, and…

·         Are not current on all insurance products to fully implement the plan, nor interested in doing so.

How will having long term care insurance affect my family?

Long term care insurance enables your family to supervise your care, rather than provide the care.  Their emotion and physical wellbeing is maintained.  Families do not always live near-by, nor are they necessarily able to dedicate time and money to provide the care.  Long term care insurance provides benefits to modify a home, to enable you to receive care at home if you desire to do so

What role does long term care insurance play in planning for my future?

A financial plan includes future cost of health care.  This is a significant expense in today's dollars and even more so when inflated for future cost of care.  By having long term care insurance fewer of your retirement assets need to be earmarked "just in case" you need care.  This will enable your asset to be more effectively invested or used for other purposes such as: travel ....  

What is long term care?

Long term care includes a variety of services that help people when they are no longer able to care for themselves, regardless of age.  The care is provided over an extended period of time and may be medical or personal.  Personal care, which involves basic life functions referred to as

For Employers

Long Term Care Insurance for your Employees

When your employees face the need for long term care they will encounter significant financial, physical, and emotional stress.

This can negatively impact productivity, increase absences at work and harm your employee’s overall well-being.

How many employees are needed for a group long term care insurance program?

Each insurance company has different requirements for employer paid and voluntary groups.  Some have a fixed number of applications required and others it is a percentage of employees.  For more details contact Baygroup Insurance.

What are the tax benefits for an employer offering long term care insurance?

The tax benefits are based on how the entity reports to I.R.S.

Tax Information for Self-Employed Individuals, Partnerships, LLC, S-Corporations

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