long-term care insurance agent

Long-Term Care – Diamond Chaflawee, New York Life

As a long-term care insurance agent, I approach planning with a holistic view and consider tax diversification for efficiency (i.e. leaving more money in your pocket) as well as risk diversification.

With years of experience in filling various business leadership roles in the hi-tech industry and a proud father of three, I know very well how demanding life can be.

I also know how extremely important it is to take a minute to think about the future.

As a New York Life Agent, I am focused on helping individuals, families, and businesses protect and prepare for the future through efficient financial strategies.

As a licensed life insurance agent, I offer a variety of products that can help you meet your insurance and financial needs, including, but not limited to:

  • college funding
  • retirement
  • managing costs for extended periods of care
  • lifetime income strategies

Please contact me to help you fully analyze your needs and recommend appropriate solutions.

I consider myself to be a financial service professional.

In doing so, I understand the need to be prepared for all of life’s different events.

I ensure that my clients are equipped with the proper insurance that is protecting them to do so.

New York Life has the best track record in the USA over the past 30 years for keeping premiums level.
We conservatively project to pay dividends on these contracts which thus lowers premiums in future years.
 
The sooner that people qualify for long-term care insurance the better for purposes of premium stability.
In this way, we share virtually all of our profits with our policy owners, who own our insurance companies. 
This allows us to safely keep the long-term best interests of our policy owners is paramount with respect to our client advisement.
We are very proud to fulfill 100% of our promises to our policy owners.
That is a key reason in how we earned the trust of AARP to approve New York Life for purposes of helping their AARP members with respect to long-term care insurance protection.

Additionally, I am a Registered Representative of and offer securities products & services through:

  • NYLIFE Securities LLC
  • Member FINRA/SIPC
  • A Licensed Insurance Agency
  • New York Life Company

senior insurance

We help our clients to customize a plan which fits comfortably within their budget

while protecting their families with coverage having tax-free benefits

and keeping up with inflation.

What are the key decisions in designing a policy?

As a life insurance agent, I advise my clients that the cost of long-term care insurance is based on:

  • your age and health when you apply
  • as well as how much coverage you want
  • and the benefits levels and options you choose

There are five basic policy components that you select at the time of purchase:

  • Daily benefit amount:
    • The maximum daily amount reimbursed for facility care.
  • Benefit period:
    • The minimum number of years you want to receive benefits.
  •  Home and community-based care maximum daily benefit:
    • Expressed as a percentage of your daily benefit amount
      • this provides you with coverage for the assistance you need to remain in the comfort of your home.
  • Waiting period:
    • The number of days of paid services you must receive before benefits become payable.
  • Inflation protection:
    • A tool that helps your policy retain or even grow its value over time to keep pace with the cost of care.

Neither New York Life Insurance Company, nor its agents, provides tax, legal, or accounting advice.

Please consult your own tax, legal, or accounting professionals before making any decisions.

I am not licensed in all jurisdictions.

long-term care insurance

My Active Senior

Visit: MyActiveSenior.com for more senior resources.

Location

8075 Leesburg Pike, Tysons, VA 22182, USA

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