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242 N. Liberty St.
Rushville IL 62681
Phone: (217) 322-2810
Email   Directions
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  • Auto Insurance

    The right Auto Insurance policy can help get you back on the road and quickly if your car is damaged or destroyed by accident or any other covered event. We have many options for Auto Insurance to fit even the most unique needs.
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  • Homeowners Insurance

    Having a Homeowners policy can help cover even the most unimaginable losses. Whether you have tangible assets or if you do not, The right Homeowners policy will give you the coverage to fit all of your needs.
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  • Business Insurance

    It is our experience that most businesses are paying too much for their insurance. We have the expertise and industry replationship to insure your manage your business needs.
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  • Life Insurance

    A lot of people do not think about Life Insurance until tragedy strikes or its too late - finding the right policy can make all of the difference - we offer policies for all budgets.
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Long Term Care




Should I buy long-term care insurance?

  • Four key reasons to buy long-term care insurance

    1. Preserve your assets for your family instead of spending the money on long-term care.

    2. The odds are one-in-three that a man over 65 will need long-term care; for a woman over 65, the odds are one in two.

    3. New rules make it hard to qualify for Medicaid.

    4. Premiums may be partially tax-deductible


  • Typical policy features

    The best policies pay for care in a nursing home, assisted living facility or at home. Benefits are typically expressed in daily amounts, with a lifetime maximum. Some policies pay half as much per day for at-home care as for nursing home care. Others pay the same amount, or have a "pool of benefits" that can be tapped as needed.


  • Elgibility triggers

    Make sure you know when benefits kick in. The policy should state the various conditions that must be met.

    1. The inability to perform two or three specific "activities of daily living" without help. These include bathing, dressing, eating, toileting and "transferring" or being able to move from place to place or between bed and chair.

    2. Cognitive impairment. Most policies cover stroke, Alzheimer's and Parkinson's disease, but other forms of mental incapacity may be excluded.

    3. Medical necessity, or certification by a doctor that long-term care is necessary.

       4. Prior hospitalization. Some older policies require a hospital stay of at least three days before benefits can be paid. This requirement is very restrictive and should be avoided.

    5. A benefit period that may range from two years to lifetime. You can keep premiums down by electing coverage for three to four years -- longer than the average nursing home stay -- instead of lifetime.

    6. A waiting or "elimination" period. Premiums will be lower if you pay for an initial period of care yourself instead of electing first-day coverage.

    7. Inflation protection is an important feature, especially if you are under 65 when you buy benefits that you may not use for 20 years or more. The best inflation provision compounds benefits at 5% a year.

    8. Guaranteed renewable policies must be renewed by the insurance company, although premiums can go up if they are increased for an entire class of policyholders.

    9. Waiver of premium, so that no further premiums are due once you start to receive benefits.

    10. Third-party notification, so that a relative, friend or professional adviser will be notified if the policyholder forgets to pay a premium.


  • Optional Features

    1. Restoration of benefits. This feature ensures that maximum benefits are put back in place if you receive benefits for a time, then recover, and go for a specified period (typically six months) without benefits.

    2. Nonforfeiture benefits return a portion of premiums or keep a lesser amount of insurance in force if you let the policy lapse. This provision, required by some states, adds to the cost of the policy.


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Rushville Location
242 N. Liberty St.
Rushville IL 62681
Phone: (217) 322-2810
Email  Directions

Havana Location
402 S. Promenade St.
Havana IL 62644
Phone: (309) 543-3661
Fax: (309) 543-3662
Email  Directions

Testimonials

Very good service!!
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Redshaw Insurance Agency

Progressive Auth Agent