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.

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.