Long-Term Care Insurance

Have you thought of the impact on your personal finances – and the finances of your family – should you need a form of assisted living, either because of an accident or as a result of aging? 

Do you realize that your current health care insurance or Medicaid might not cover many of the features of long term assisted living, which will allow you to live as independently and with as much dignity as possible? The answer to this problem is long term care insurance.

What is Long-Term Care Insurance?

Long-Term Care Insurance is designed to relieve worries about what should happen to you if you cannot live completely independently. A Long-Term Care Insurance policy might cover in-home treatment, where you live at home or with a family member, while getting outside help from a home health aide. Other options are policies to help cover the costs of living at an assisted living facility, of living at a nursing home, or of using an adult day care center.

There are many ways in which Long-Term Care Insurance can help you to lead a life as independently as possible, including getting physical therapy, getting emotional support and counseling, and getting pain management. A Long-Term Care Insurance policy can even help by providing companionship, social activities, meals, and transportation.

Why Long-Term Care Insurance?

Long-Term Care Insurance can be a key to your financial security. You will not be forced to use all of your savings in order to live. Your spouse will not be called on to sacrifice his or her financial well-being in order for you to get the proper care that you need. You will not become a financial burden on your children or other family members. Long-Term Care Insurance can help minimize the financial impact of a long term illness on you and those who love you. 

Long-Term Care Insurance can also give you peace of mind in knowing that you will be treated with the respect and care that you deserve.



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