• Creating Financial Leverage Through Long Care Term Insurance

    by  • November 10, 2011 • Personal Finance • 0 Comments

    The Baron Group and Tim Mobley specialize in asset based life and long term care insurance for seniors.

    Many seniors cannot cope with the idea of paying regular premiums to cover their long-term care (LTC) risk.

    Fortunately there are alternatives. With a single premium payment one can buy
    a long-term care benefit that’s linked to a life insurance policy or a fixed annuity.

    The principle is to take money out of existing emergency funds and use it to buy either a deferred fixed annuity or a life insurance policy with a linked long-term care
    benefit. With the deferred annuity, seniors can get competitive growth on their money plus LTC benefits if needed. If not, the money is there for their heirs upon death.

    It’s important to consider the following benefits says Timothy Mobley:

    • Replacing multiple regular premiums with one lump sum payment.
    • Creating a tax free inheritance.
    • Avoiding the perceived loss of premiums  for not ever needing LTC.
    • Building equity by accruing tax deferred interest until you money is withdrawn.
    • Preserving money not used for LTC for heirs by leveraging that money to increase your estate.




    Tim Mobley is a Louisiana licensed professional who has over twenty years of experience serving the community. He is passionate about working with clients and his goal is to educate and inform them so they feel confident in the decisions that will shape their future. Whether you are concerned about getting out of debt, outliving your retirement, paying too much tax on Social Security benefits, or keeping your money safe in a changing global economy, Tim is a trusted source. His business and personal focus is to coordinate your investment objectives from a tax planning perspective.


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