What is Long TermCare Insurance
Long term care (LTC) insurance is an
affordable product designed to protect you and your family financially
by paying for long term care needs. The insurance protects your
risk should you need expensive long term care. People typically
buy coverage for self, spouse, and/or aging parents to protect
income and assets, to ensure quality care and to be independent.
Long term care health insurance policies generally
cover:
• Assistance with daily activities: bathing, dressing, eating,
toileting, continence, transferring.
• Skilled care: at home, adult day care center, assisted living
facility, or nursing home.
Get details about long term care health insurance coverage.
When looking for long term care insurance policies, make sure
you clearly understand what the health insurance coverage is. Policy
rates are
affected
by the different features and options selected. Depending on
your age, certain features may be more beneficial than others.
A long term care insurance agent can make suggestions and tailor
a senior health insurance plan that is more practical for you.
The National Council on Aging's guide for Planning
for Caregiving helps you broach a delicate issue
with loved ones so that when care is needed, you'll be prepared.
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