What is Long Term Care Insurance?
According to the US Department of Health and Human Services, almost 70% of those turning 65 years of age, can expect to use some form of long-term care in their lifetime.
WHAT TYPE OF CARE DOES INSURANCE COVER?
CUSTODIAL CARE: Help with everyday personal tasks that include bathing, eating, etc.
SKILLED CARE: Help from a medical professional that can include a therapist or a nurse.
Long Term Insurance Plans Vary
And that’s good. It gives you the specific options you want and how you want them. Pricing will depend on what these coverages are, the duration you want them, the condition the applicant is at the time of purchase. These types of policies will usually have a waiting period and can have daily and lifetime maximums.
Speak with an agent
There is no real “good” time to talk about long-term care insurance but choosing to not explore it isn’t prudent either. Call Jason and his knowledgeable staff for the latest on Long Term Insurance and weigh your options.
(331) 223-9788.