Long Term Care Insurance

At least 70% of people over the age of 65 will need long-term care services or support at some point in their lives.  There are many ways you can access long-term care; help at home, in a day care type community facility, an assisted living facility or a nursing home.  Most think that long term care is covered by either Medicare or their Supplement Insurance policy which is not correct.   Figuring out the best way to protect your assets if this assistance is needed is complicated; where you receive care (home, assisted living, nursing home. etc.), maximum monthly benefit vs. daily benefit, benefit periods, elimination period, inflation protection, spouse shared benefit, and tax qualified status as just some of the examples.  We’d love to help you understand the details so you will feel secure that you are making the best choices to stay in control of how you spend your savings during your “golden years”.