Long Term Care Insurance (LTCI) helps provide for the cost of long term care and covers services not typically covered by health insurance. LTCI can help protect a family from financial disaster. There are Long Term Care Insurance plans for every budget. Some families need only part-time help in the home that allows time to sleep and run errands. Others prefer full-time professional assistance. Policies can help cover for assistance with bathing and dressing. Other policies include nurses and therapists. Even a small plan can go a long way.
People use Long Term Care Insurance for:
- Adult day care
- Respite care
- Hospice care
- Assisted Living
- Home Care
- Nursing home
- Alzheimer’s facilities
Long Term Care Insurance is not only for eldercare. 40% of those receiving benefits are under 64. Although most policyholders do not use their benefits until they are older, you don’t want to wait too long to purchase a policy. If you wait until you need it, you will not qualify for coverage.
Do you have questions? Do you wonder if Long Term Care Insurance is right for you? Give us a call or contact us online. We’re here to help.