Summit’s strategic long-term care advice proved invaluable, providing financial relief and dignity to a family in their time of need.
THE CHALLENGE:
In 2003, a husband and wife, previously thriving in Oil & Gas, faced financial challenges in retirement. They were confronted with a necessary move to a senior living community after a failed back surgery and utilized a long-term care policy with Summit’s guidance.
As the husband’s health deteriorated, requiring in-home care and later care at a group home, Summit helped navigate the complexities of filing a claim for the long-term care coverage.
Our client called on Summit to provide insight on how they could navigate this challenge, and to ask for support in filing a successful claim.
WHAT WE DID:
“…. You were the BEST help-selling us long-term insurance. We received close to $200k for his care, a blessing you gave us!”
– Patricia
Summit’s long-term client relationship, coupled with expertise in life and disability insurance, provided a personalized service.
In-person visits and assistance with insurance claims ensured dignity for the husband in a quality group home with monthly benefits.
Summit helped navigate the complex process of filing the claim for long-term care coverage and ensured the family received the right support from the insurance company.
Financial relief and dignity were of paramount concern in the husband’s final years. Summit’s expertise made a significant difference in a challenging situation.
Summit’s consultation provided guidance during a stressful period for Patricia, alleviating panic, and ensuring a smooth transition.
THE RESULT:
The family navigated the complexities of long- term care with confidence, thanks to Summit’s personalized guidance.
After advising on the policy in 2003, the wife’s benefits grew to $5,873/month by 2021, helping cover their needs through her husband’s long-term care journey.
Summit’s commitment to sharing vital information on long-term care preparation made a lasting impact for the family and continues to have tangible effects to this day.
