Long Term Care Insurance
A plan that helps pay for your care.
The simple fact is, a significant percentage of us will require some form of care in our elder years. That may include needing assistance with daily activities such as dressing, bathing, eating, as well as walking and getting around.
Today, more people are looking into long term care insurance to cover the cost of long term care that’s generally not covered by health insurance, Medicare or Medicaid.
Some of the principal reasons for having long term care insurance include:
- protecting the assets you’ve accumulated over your lifetime from being spent on long term care services that range up to several thousand dollars a month
- staying independent without the financial support of others
- a desire to maintain greater control over the care you receive
Long term care insurance can cover a wide range of care, including:
- assisted living facilities
- nursing home care
- home health care
- adult day care
- housecleaning services
- meal preparation