Long Term Care

What is Long Term Care?

A Long Term Care policyholder is reimbursed by the insurance company with a fixed daily amount to cover assistive services. These services may include an aide to help with bathing, dressing, eating, and other daily tasks. Traditional insurance policies do not cover these expenses.LC

Who Should Purchase a Long Term Care Policy?

  • Individuals seeking the peace of mind that they will have the assistance they need without depending on their loved ones.
  • Any older person who anticipates that they may require assistive services in the future.
  • Those looking to keep a certain standard of living and stay in their homes rather than moving into an assisted living or nursing home facility.
  • Any individual looking to protect his or her assets and still receive the necessary in-home care.

How Much Does Long Term Care Cost?

Cost is dependent upon the age of the policyholder when they enact the policy. Health challenges present additional consideration for costs.