Insurance Benefits

As another valuable member benefit, CALI is proud to offer our members DISCOUNTED Long Term Disability and Long-Term Care Insurance.

Many individuals confuse Long Term Disability and Long-Term Care Insurance. It may be because they both are triggered by health related causes. However, these two insurance plans serve vastly different purposes in helping you manage the financial risk in your personal life:

  • Long Term Disability Insurance is used to help protect your future earnings. It is designed to replace a portion of your income when you are not able to work due to a debilitating illness or disabling accident.
  • Long-Term Care Insurance pays a daily or monthly benefit towards the costs of care services from a skilled nursing home, assisted living facility, adult day care or home assistance when you can no longer take care of yourself for the acts of daily living, e.g. bathing, dressing, or eating (custodial care). 

LONG TERM CARE INSURANCE
Have you ever wondered how you would pay for care if you become unable to care for yourself as you age? How would you stay in your home? Who would take care of you?  The average annual nursing home cost is projected to be $278,034 per year in 2016.

CALI is offering discounted Long Term Care Insurance with the financial strength and stability of MassMutual Financial Group.  A Long Term Care policy from MassMutual offers clients the opportunity to stay in their home, maintain control, and a means to receive care without putting the burden on other family members.  As a CALI member you are eligible to receive a 10% discount on a new LTC policy.

LONG TERM DISABILITY INSURANCE
CALI also offers our members guaranteed issue Long Term Disability Insurance at a reduced price. Members are eligible for a monthly benefit of 50% of their income up to a maximum of $3,125/month with a 90-day waiting/elimination period and a 36-month benefit payout period. This policy includes coverage while carrying a licensed firearm. There is NO EXAM required to qualify for this benefit.

Learn more about Long Term Insurance:
https://www.youtube.com/watch?v=brmHYjm6aBM
https://www.youtube.com/watch?v=pIT4dg9XBYc&feature=youtu.be

Disability Facts
LTC Mass Mutual
Mutual of Omaha
Simplified Issue Disability Insurance

Please contact our association representative, Robert “Bo” Harman for more information.
Robert "Bo" J. Harman Jr.
Capstone Partners Financial and Insurance Services, LLC
4695 MacArthur Ct, Suite 1000, Newport Beach, CA 92660
direct: 949.225.9413 | cell: 949.338.4756 | fax: 949.660.1991
email: rharman@financialguide.com