I felt compelled to write this article because a long time patron of my business BluBurger recently stopped showing up to our place here in Scottsdale, AZ. He’d been a regular for 20 years and would come in three to five times a week. We had become friends over the years and finally called his wife and she gave me the sad new that he had just had a stroke and would not be coming back to visit any more. She went onto say that she had to put him into an assisted living facility here in Scottsdale.
As a little joke I asked her how the food at the assisted living compared to our restaurant and she laughed that he our food terribly. I told her I’d drop by and visit each month and bring him some food. The topic of money cam up and how they were paying for the assisted living and she said that Ralph had bought a Nationwide hybrid long term care insurance policy that was paying the bills which were $8,000 per month!
I asked her more about the Nationwide plan and she said she did not know much other than it was a life saver. I’d actually used Nationwide to insure my business for years and then went online to learn more about Ralph life saving plan.
Turns out it’s called Nationwide CareMatter’s II product and it pays the person cash each month to pay the long term care bills. Nationwide CareMatters II plan was recently rolled out on May 15th, 2019 so I called up my local rep to learn more. My rep said I needed to be healthy in order to qualify for the Nationwide CareMatters II plan and that I might have to lose some weight first. I was only 45 so this was an eye opener for me and working in a restaurant all these years surrounded by yummy food had caught up with me.
It was a relief when he told me that I could get the Nationwide CareMatters II product at my current weight but I’d just have to pay more. immediately applied for both myself and wife and for only $150,000 I was able to cover both of us and never had to make anymore payments for the rest of my life. The best part of the Nationwide CareMatter II plan is if neither of us need to use out hybrid long term care insurance policy, our kids get a $210,000 tax free life insurance death benefit!