Personal Risk
Long-Term Care Insurance.
Long-term care events — extended nursing home stays, assisted living, or in-home professional care — can cost $100,000 or more per year and last for several years, representing one of the most significant financial risks to a high-net-worth individual's wealth preservation goals. Without dedicated long-term care funding, these costs are typically drawn from invested assets during a market environment that cannot be controlled.
Long-Term Care Insurance for Wealth Preservation
Long-term care events — extended nursing home stays, assisted living, or in-home professional care — can cost $100,000 or more per year and last for several years, representing one of the most significant financial risks to a high-net-worth individual's wealth preservation goals. Without dedicated long-term care funding, these costs are typically drawn from invested assets during a market environment that cannot be controlled.
How OnePark Risk Helps
OnePark Risk evaluates long-term care funding strategies for high-net-worth clients, including traditional LTC insurance, hybrid life/LTC products, and asset-based LTC solutions that return premiums if benefits are not used. We coordinate with your estate planning attorney and financial advisor to integrate LTC planning with your overall wealth preservation and legacy objectives.
Long-Term Care Planning Considerations
- Daily benefit amounts covering premium facility and in-home care costs
- Inflation protection preserving purchasing power over long time horizons
- Elimination period matched to liquid asset availability
- Hybrid life/LTC products returning premiums if unused
- Coordination with estate planning and legacy objectives
- Spousal or shared-care benefit options for married couples