Long-term care is personal care or supervision needed by persons of all ages for an extended period of time. It may be needed due to an accident or illness, or the effects of aging. Care is received in a variety of settings including nursing homes, alternate care facilities and a person’s own home.
A Long-Term Care Insurance policy is an affordable way to protect yourself and your family members from the financial burdens often associated with long-term care. Long-Term Care Insurance offers coverage that will give you the flexibility you need to make decisions about the kind of care and facility that works best for you.
Some conditions which typically require long-term care services:
- Multiple Sclerosis
- Alzheimer’s Disease
- Parkinson’s Disease
- Heart Disease
- Head Injury
Who Uses Long-Term Care Insurance Insurance?
Why Buy Long-Term Care Insurance Insurance?
Protect Your Assets: Long-term care is expensive. Today, the national average cost for home care is $20,000 and the cost of nursing home care is $50,000. In thirty years, average costs are expected to more than triple.
Preserve Your Independence: Long-Term Care Insurance coverage doesn’t just pay benefits for care provided in a nursing home. A comprehensive Long-Term Care Insurance insurance plan can pay for services that help you remain at home, including: visits from a registered nurse, a home health aid and even home modifications that can help you manage on your own.
Call of our office today for more information if you think your family would benefit from this important insurance coverage. The peace of mind and financial security it may provide could be priceless.