Protection Against the
Risks Medicare Doesn't
Cover.
Life insurance with living benefits, long-term care coverage, and hospital indemnity plans — the three tiers of retirement insurance most people are missing.
Key Numbers
What a complete retirement insurance audit covers
Life Insurance with Living Benefits
Modern life insurance policies can include accelerated benefit riders that let you access your death benefit while still alive — if you're diagnosed with a chronic, critical, or terminal illness. This can fund long-term care, home health aides, or medical treatments. It's life insurance that works both ways.
Long-Term Care Protection
Medicare covers short-term skilled nursing (up to 100 days under specific conditions) but covers zero days of custodial care — help with bathing, dressing, eating. The average Detroit-area nursing home costs over $105,000/year. A hybrid LTC-life policy can protect your estate without the use-it-or-lose-it problem of traditional LTC insurance.
Hospital Indemnity & Gap Coverage
Even with Medicare, you can face unexpected costs — Part A deductibles ($1,632 per benefit period), skilled nursing copays, ambulance charges. Hospital indemnity plans pay a set daily cash benefit during hospitalization, filling the gap between what Medicare covers and what it doesn't.
The gaps most retirees don't discover until it's too late
Medicare is excellent health insurance. It is not retirement protection insurance. There is a significant difference. Medicare covers acute care. It does not cover the care most retirees eventually need — long-term custodial support.
Janine's insurance audit identifies exactly which risks you're exposed to and which products — at what premium — address them. Most clients find they are either underinsured in one area or paying too much for overlapping coverage in another.
The "self-insure" calculation
Many retirees say they'll self-insure for long-term care. The math: 3 years of Michigan nursing home care at $105,000/year = $315,000 drawn from your estate. A hybrid LTC-life policy at $200/month can cover the same risk while preserving your estate for heirs.
Acute medical care — not custodial care
Parts A and B cover hospital and medical. A Medigap supplement pays most or all of what Original Medicare doesn't. Any doctor or hospital that accepts Medicare nationwide. Predictable costs. Best for frequent medical needs or travel.
The gaps that drain retirement savings
Private insurance that replaces Original Medicare. Often includes dental, vision, hearing, and drug coverage. Network-based — you must use in-network providers. Lower monthly premium but higher potential out-of-pocket costs. Best for relatively healthy enrollees who stay local.
Review what you have before recommending anything
Janine reviews your existing life insurance, any LTC policies, current Medicare plan, and known health risks before recommending any additional coverage. No redundant products. No unnecessary premiums.
Insurance questions Janine hears every week
Get your free three-tier insurance audit
Janine reviews what you have, identifies your gaps, and recommends only what you actually need.
Book Your Free Review