What is Long-Term Care?

America in general is living longer. That fact poses some real problems for all of us unless we plan for it. Preparation is the key.

Long-Term Care Insurance (LTCI) was created as a way to satisfy our future financial needs as we grow older. A good policy will provide the dollars we’ll need to ensure we receive the very best of care when we need it without depleting our hard-earned savings. LTCI policies pay for a myriad of services to include, care in your own home, Adult Day Care, Respite Care, Assisted Living Facilities coverage, and Rehab and Nursing Home Care. How much they pay is decided when you design your policy. Your age, health and the benefit choices you make will determine the premium. Since the choices are up to you, there is no set premium. This insurance is not a one-size-fits-all product. Because you make the selections, it is usually affordable for most people.