Long-Term Care Insurance
Long-term care insurance helps cover the cost of services and support you may need if you are unable to care for yourself due to aging, illness, injury, or a medical condition.
Many people think long-term care only means nursing home care, but it can include a variety of services provided in different settings, such as your home, an assisted living facility, an adult day care center, or a nursing facility.
Long-term care can help provide support with everyday activities and help protect your financial resources when you need care.
Plan ahead for your future care needs.
Support for everyday care and independence.
Care can be provided in different settings.
Help protect your financial future.
What Is Long-Term Care?
Long-term care helps with everyday activities that are important for independent living, often called Activities of Daily Living (ADLs). These may include:
- Eating
- Bathing
- Dressing
- Using the restroom
- Moving from one place to another, such as getting out of bed or a chair
- Maintaining continence
A person may need long-term care when they are unable to perform certain daily activities on their own or experience a cognitive impairment that requires ongoing assistance.
Why Consider Long-Term Care Insurance?
Health insurance and Medicare generally help cover medical care, but they typically do not cover many long-term care services that provide assistance with daily living.
Long-term care insurance can help protect your savings and provide financial resources to help pay for care when you need it most.
Where Can Long-Term Care Be Provided?
Depending on your needs and policy benefits, long-term care services may be provided through:
- Care in your own home
- Assisted living communities
- Adult day care centers
- Nursing facilities
Is Long-Term Care Right for You?
Planning ahead can help you prepare for the possibility of needing care in the future. The right coverage depends on your:
- Age and health
- Financial goals
- Family situation
- Retirement plans
- Preferred type of care
Next Steps
A licensed insurance professional can help you understand your options and find a long-term care solution designed around your needs, helping you protect your financial future and the people you care about.