Long-term Care Insurance
Now is the right time to plan ahead to take care of your long-term needs. Long-term care insurance provides you with independence, dignity and choices when you need them the most.
Your independence is an integral part of your life. When care becomes necessary, what are your options? Move in with family and become dependent on them? Choose the least expensive partially-subsidized public facility and share living quarters with strangers? Or would you prefer not to have to worry about money and choose a private facility with private living quarters.
Long-term care insurance provides benefits to pay the cost of health and personal care services if you are no longer able to care for yourself. This could be the result of a chronic illness or a disabling condition. To ensure a comfortable future, it makes sense to purchase long-term care insurance.
The basic coverage will fund health and personal care services for an insured person residing in a long-term care facility or in the comfort of the insured person’s own home. Home care also includes help with everyday tasks such as cooking, cleaning and shopping.
Depending on the plan selected, a policy could specify that benefits be paid for one year, two years, five years, or for the insured person’s entire life.
Facility care provides a daily income benefit for every day that the insured person requires health and personal care services within a long–term care facility.
This benefit pays for the cost of home care for an insured person. Home care is defined as a medically necessary long–term care program, recommended by a physician and provided by a licensed nurse or healthcare worker in the insured person’s own home.
For comprehensive, flexible Long-term Care Insurance to protect you and your family, contact us today.