The top-rated long-term care insurance agent in Peabody, Massachusetts is Asset Insurance Agency, rated 4.9 stars across 535 reviews. Other highly rated options include Duffy Insurance, Davila and DeFusco Insurance Agency, NewFed Insurance. This directory lists 21 long-term care insurance agents serving Peabody.
Comparison
| # | Name | Address | Phone |
|---|---|---|---|
| 1 | Asset Insurance Agency | 2 Bourbon St Suite 201 | (781) 210-2227 |
| 2 | Duffy Insurance | 49 Margin St | (978) 854-0014 |
| 3 | Davila and DeFusco Insurance Agency | 160 Main St Ste 104 | (978) 909-1929 |
| 4 | NewFed Insurance | 45 Central St | (781) 241-1224 |
| 5 | Consoles Insurance Agency | 200 Lake St #201b | (978) 223-4037 |
| 6 | Zannino Insurance Agency, Inc. | 16 Foster St First Floor | (978) 531-5757 |
| 7 | Wood & Associates Insurance Agency, Inc. | 141 Summit St | (781) 581-5900 |
| 8 | North Shore Travel & Insurance Inc | 111 Foster St # 1 | (978) 531-2755 |
| 9 | Woodward and Higgs Insurance Agency, Inc | By Appointment Only, 8 Essex Center Dr Suite 360 | (781) 598-3050 |
| 10 | P J Woods Insurance Inc | 40 Main St | (978) 531-2777 |
Asset Insurance Agency serves the Peabody, Massachusetts area and the broader Essex County region as a dedicated long-term care insurance agent. The firm helps individuals and families evaluate their future care needs, guiding them through policy selection that covers home care, assisted living, and nursing facility expenses. By tailoring plans to personal health timelines and budgets, the agency addresses the financial risks of extended care. Specific services it handles include policy comparisons for hybrid life and long-term care plans and claims assistance for existing policyholders.
Duffy Insurance in Peabody, MA, provides a range of long-term care insurance services to help clients plan for future health needs. The company assists with policy selection and advice, and its service plans include ongoing policy reviews to ensure coverage remains aligned with changing care costs. These offerings support individuals in protecting assets while preparing for potential residential or in-home care expenses. The agency services clients through consultations and claims guidance, working with individuals planning for single-family homes, apartments, retail, and restaurants.
Davila and DeFusco Insurance Agency serves homeowners, retirees, and individuals planning for future healthcare needs in Peabody, Massachusetts. As a long-term care insurance agent, the company helps clients explore coverage options that can support assisted living, nursing home care, or in-home assistance during later years. The agency provides guidance through the selection of appropriate policies, aiming to protect personal savings from the high expenses often associated with extended care. In addition to serving Peabody, Davila and DeFusco Insurance Agency also covers the neighboring community of Salem.
NewFed Insurance serves the Peabody, Massachusetts area and surrounding North Shore communities, handling long-term care insurance needs for local residents. It works with clients to evaluate policies that help cover costs of assisted living, nursing homes, and home care services. The agency focuses on understanding each individual’s financial situation and future care preferences. To handle a typical job, it reviews coverage options and presents clear comparisons tailored to the client’s specific circumstances and budget.
As families in Peabody consider how to manage the rising costs of extended care, many seek a practical strategy for protecting their savings. Consoles Insurance Agency, a local long-term care insurance agent, helps residents review policy options that address these specific financial concerns. A typical initial appointment involves a thorough assessment of current health status and future care preferences to determine suitable coverage levels.
Zannino Insurance Agency, Inc. serves the Peabody area with residential long-term care insurance, offering policies that help local families secure coverage for future care needs. For commercial clients in the region, the company provides similar long-term care options tailored to business groups and partnerships. The agency works with individuals to improve coverage as their health or financial situations change over time. Clients often return for policy reviews during annual enrollment periods to update their benefits between regular visits.
For families who need a one-time consultation or ongoing support, Wood & Associates Insurance Agency, Inc. addresses a full range of elder-care financial contingencies. Their coverage design helps protect personal savings against the high costs of nursing homes, assisted living, or in-home aides in the Peabody area. Clients can choose between a single planning session for immediate needs or recurring check-ins that adapt as health or financial situations evolve. This service operates on both a one-time and as-needed basis, depending on each client’s circumstances.
North Shore Travel & Insurance Inc specializes in helping families arrange long-term care coverage, guiding clients through the Medicare complexities and policy options available in Peabody, MA. These agents assist with individual assessments to find suitable protection for nursing home or home-based care expenses. As the colder months approach, they help seniors review existing policies before the Open Enrollment period ends, ensuring necessary benefit adjustments are made for the winter ahead.
Woodward and Higgs Insurance Agency, Inc., based in Peabody, MA, is known as a local resource for long-term care insurance planning. Its service range covers policy options designed to help individuals fund future custodial or home-based care needs. This type of coverage is crucial for protecting personal assets and reducing the burden on family members from rising care costs. The agency can also assist with add-on specialty services such as hybrid life and long-term care insurance policies.
What Does a a Long-Term Care Insurance Agent in Peabody Cost?
The cost of long-term care insurance in Massachusetts varies widely based on age, health, and policy features. A typical annual premium for a 55-year-old in good health might range from 1,500 to 3,000 dollars for a policy with 150 dollars daily benefit and a three-year benefit period. Older applicants or those with health issues may pay significantly more. This is general information and not insurance advice.
About long-term care insurance agents in Peabody
Long-term care insurance agents in Peabody, Massachusetts help residents plan for future care costs while protecting assets. Massachusetts law offers a state-sponsored partnership program that allows policyholders to keep more assets when qualifying for MassHealth. A local agent can explain how these partnership policies work and guide you through available options.
Frequently Asked Questions
What does a long-term care insurance agent in Peabody do?
An agent helps you compare policies from different insurers, explains coverage details, and assists with the application process. They can also advise on Massachusetts partnership policies that coordinate with MassHealth asset protection rules.
How does the Massachusetts long-term care partnership program work?
The partnership program allows you to keep assets equal to the amount your policy pays out, even if you later need MassHealth. This means a policy paying 200,000 dollars in benefits lets you retain 200,000 dollars in assets when applying for MassHealth.
Are there age or health limits for buying long-term care insurance in Massachusetts?
Most insurers require applicants to be between 18 and 84 years old, though some may have lower maximum ages. You must also pass medical underwriting, so it is best to apply when you are in good health.
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