Phillip Cannella News: Phil Cannella Pioneers Nursing Home Insurance

Phil Cannella – Phillip Cannella News: Phil Cannella is one of the true pioneers of nursing home insurance. To many, this type of insurance may sound foreign, that is because today this insurance is known as long term care insurance. Back in the day, almost 40 years ago now, Phil Cannella was alone on the stage promoting this product as a solution to a problem facing Americans as they age.

Phil Cannella had witnessed the devastation caused to a family when someone was in need of some sort of care beyond a brief spell. We all have probably seen this in one fashion or another with our own parents or grandparents. For Phil Cannella he came to grips with it when his grandpa was hit with the need for nursing home care just months after he had retired.

We hear all sorts of stories today of families ripped apart by the anguish and stress caused when a family cannot afford such care. It is certainly expensive, sometimes costing upwards of $10,000 a month. This was exactly what Phil Cannella recognized years before others, that we have to have a solution to this and that solution needs to be promoted and made available at all levels.

With that determination Phil Cannella set out going door to door offering nursing home insurance to seniors, thereby helping so many.