When a person needs
long-term care, an LTCI
plan can minimize the financial and emotional impact of the situation.
WHAT IS LONG-TERM CARE INSURANCE?
Unlike traditional health insurance, long-term care insurance is designed to cover long-term services and supports, including personal and custodial care in a variety of settings such as your home, a community organization, or other facility. LTCI plans are both about preserving one's lifestyle and deciding how long-term health care needs will be met as they arise, without having to burden your loved ones with the costs.
Long term care isn't usually covered by private medical insurance and major medical insurance plans. Medicare only pays for skilled and rehabilitative care after a three-day hospital stay; this excludes custodial care, the assistance someone needs for daily living. Medicaid only covers nursing home bills after a loved one is bereft of assets.
WHAT ARE THE BENEFITS OF LTCI?
Preserves your savings and assets for family and loved ones.
Often does away with the need to borrow money for long-term care costs, and helps maintain your financial independence.
Relieves family and friends of caregiving tasks that are often uncomfortable for them and you.
You can design your policy to ensure that you receive care where you wish, whether it be a nursing home, at home, in the community or an assisted living facility.
Even if you use all of your benefits on LTC, you can still leave money to your family and loved ones to cover final expenses and any other financial burdens. Guaranteed.
LEARN MORE ABOUT LTCI
Call us today 1-888-274-1032 to learn more about long-term care insurance, what it costs, how it works or to purchase a policy. We are here to help you!