Crisis Planning

At Fedor Financial Group, a key part of the work we do is helping families who are in crisis. Families are surprised to learn that Medicare, Medicare Supplements, or major medical insurance do not cover assisted living care, extended home care, or nursing home care. The typical cost of care may exceed $144,000 per year, and therefore, it doesn't take long for an average family to spend down their retirement savings. Assisting families to plan appropriately due to the declining health and increased level of care required by a loved one is important to us. We work with you to help with the choices and challenges of paying for care and lessen the financial and emotional stress along the way.

When an immediate need occurs, we will help by reallocating your assets in order to provide an immediate, guaranteed lifetime income. ImmediateCare® is a medically underwritten single-premium immediate annuity designed to help fund the cost of an existing long-term care need with monthly payments guaranteed for life. Regardless of how long care lasts, ImmediateCare can help maintain the existing level and quality of care desired—whether in assisted living, respite care, or care in a home, hospice, or adult day care.

ImmediateCare is designed for individuals who have significant health issues and require income to help pay for the cost of long-term care and offers the following features:

  • Issued between ages 75–99
  • Annuity payment increase option
  • Refund of premium options

Please contact our office at 413-726-9044 to schedule an appointment and find out if ImmediateCare can help your family. There is no cost or obligation to meet with us. We will review your families' options and develop a plan that will allow your loved one to maintain the highest quality of care.