Let’s Get started

As a nation, we are now living longer lives, sometimes extending well into our 90’s and 100’s.  As time goes on, more and more of us will be reaching those ages.  So often, we let life get in the way of planning.  We have planned for so many things, including our children’s education, retirement planning, and the legacy’s we want to leave behind.  But have we planned to take care of ourselves?  For many, that is not the case.  Who will take care of me? How much do facilities cost?  How will I fund those expenses once they occur?  Exploring your funding options today can provide you and your loved ones peace of mind in the event that extended care is needed.   We are here to help you and guide you along the way.

What is Long Term Care

Long-term care is the assistance someone needs to do basic daily activities.  These are called Activities of Daily Living or ADL’s.  The activities may include, eating, bathing, dressing, getting in and out of bed or a chair.  As we age, needing this type of assistance is quite common.   It could also be the result of a chronic health challenge or cognitive impairment.

How a long-term care insurance policy works

Policies are designed in a number of ways.  Making the right choices today can give you and your loved ones peace of mind tomorrow.   Long Term care insurance can help you pay for quality help and care.  It generally comes in a variety of options from home care to facility care and several caregiver options.   Are you worried about protecting your income and assets?  Long Term Care Insurance plays a significant role in your overall financial strategy should you need Long Term Care services in the future.   From policy design to filing a claim, that is what long-term care planning is all about.

What is long-term care insurance?

Long-term care insurance is a tool that provides you with a dedicated source of funding for long-term care costs.  It reimburses the policy owner for qualifying expenses if a chronic health challenge (physical or cognitive) leaves them needing help with daily activities.

The sooner you plan on purchasing a Long Term Care insurance policy, the better you will be.  The younger you are, the less expensive it will be, and if you wait until you need assistance with daily activities, you may not qualify.  We have no idea what health insurance or future government programs will do, but a Long Term care policy will supplement those programs.

Many people think they’re already covered for long-term care, when they’re not.  According to the U.S. Department of Health and Human Services, “Contrary to what many people believe, Medicare and private health insurance programs do not pay for the majority of long-term care services that most people need — help with personal care such as dressing or using the bathroom independently.” (National Clearinghouse for LTC Information)

If you don’t have a long-term care insurance policy, you may be at risk!