Scott CorneliusThis week,  in Part 4 of our continuing discussion with Scott Cornelius of Earnie Cornelius Agency, Inc., Dave Ramsey’s ELP for home and auto insurance in the Oklahoma City area (they sell other types of insurance as well). You  can contact ECI at (405) 373-2977, or get a quote from their website at to read Parts one, two, three and five.

Michael: What about long-term care insurance? Is that important?

Scott: It certainly is, but that is probably one of the least popular types of insurance, again because people don’t want to think about it until they need it, and then it’s too late. The chance of getting Alzheimer’s or dementia is relatively high anymore, and people are living longer now too—I think the stats are if you live to age 65, you can expect to live at least another 19 years. But, the chances of dementia are a lot higher at that point, so many people are having to go into a nursing home for that care. So, you would buy a long-term care policy based on how long you want those benefits to last, and how much you want to be paid each month. You could eat up your savings really fast in a long-term care facility if you don’t have insurance.

Click to read the full article.
Share |

NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
  • 2010

View Mobile Version
Featured Carriers
Please note that we cannot bind insurance via email, fax, or phone. Any quotes given are subject to underwriting guidelines by the respective insurance carriers. Any reference of coverage used are not intended to express legal opinion as to the nature of coverage, but rather just a brief generalization of coverages. Please read your policy for specific details of coverages.

Stay Connected  Like Us on Facebook Follow Us on Twitter Connect on LinkedIn Google maps YouTube


ECI Agency, Inc. | 325 Piedmont Rd N | P.O. BOX 600 | Piedmont, OK 73078 | Phone: (405) 373-2977 M-F 8am-5pm