Long Term Care

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Coverage before you need it

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By educating the consumer on the pros and cons of the various insurance companies’ long-term care plans, the consumer can then decide their best option for coverage and which insurance company best meets their individual situation and needs.

– Deborah Gamber

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In September 1994, Deborah was hired by New York Life to focus on seniors and specifically their need to plan for the future risk of long-term care. She was licensed through the NASD as a securities broker at that time. In 1995, she and a partner formed Sequoia Group, a financial services firm to specialize in brokering long-term care insurance with over 10 insurance carriers. Deborah quickly realized the larger concern to her clients involved the risk to their retirement nest egg and keeping it secure for the remainder of their lives.

Specialization in Education For Long-Term Care Insurance Since 1994

After Deborah Gamber began as a long-term care insurance broker in September 1994 with New York Life she later founded Sequoia Financial Corp. in April 1999, as a Colorado agency specializing in education for long-term care insurance. Before the incorporation of Sequoia LTC Financial, Deborah Gamber brokered long-term care insurance under the business name, Sequoia Group. The agency’s goal is to provide consumers with access and objectivity to the leading insurance carriers without having to contact the individual insurance companies on their own .

Why does Deborah care about your long-term care situation?

Deborah Gamber had a personal experience with long-term care in 1987 with her mother-in-law, who at age 72 became incapable of living alone in southern California. After needing two and a half years of home care, two years of assisted living and three years of skilled nursing home care, she had spent $450,000 of her estate on her care needs. In the summer of 2000, Deborah’s father, age 84 needed two months of nursing home care in Denver for a cost of $4,000 per month. Her step-mother was unable to care for him at home and could not afford the cost of their current home, plus an undetermined time of paying the $4,000 a month cost. She moved to a smaller condominium and fortunately, Deborah’s father recovered from his illness and lived at home briefly, before returning to the nursing home where he passed away, after six months, at age 86. These personal experiences have given Deborah concern for the needs of seniors and their important need to become informed about the emotional and financial risks of long-term care.