Long-Term Care affects people of all ages and the high cost of care can endanger one’s financial independence and lifetime savings. Click below to learn about the physical, financial, and emotional consequences a long-term care need can cause.
The cost of Long-Term Care is high and rising. Long-Term Care insurance covers the costs associated with needing this type of care. Click below to find the average cost of care in your state in a variety of care settings.
Long-term care insurance generally covers home care, assisted living, adult daycare, respite care, hospice care, nursing home and Alzheimer´s facilities.
If home care coverage is purchased, long-term care insurance can pay for home care, often from the first day it is needed.
It will pay for a visiting or live-in caregiver, companion, housekeeper, therapist or private duty nurse up to 7 days a week, 24 hours a day (up to the policy benefit maximum).