Your chances of requiring some sort of long-term care increase as you get older. Will you have the financial resources to fund a prolonged nursing home stay for yourself or a loved one?

Will you have the financial resources to fund a prolonged nursing home stay for yourself or a loved one?

Long-term care insurance pays a selected dollar amount per day (for a set period) for the type of long-term care outlined in your policy. Depending on your policy, care can be provided in a variety of settings, including private homes, assisted-living facilities, adult day-care centers, hospices, and nursing homes. Most policies provide that certain physical and/or mental impairments trigger benefits.

The cost of a policy depends on many factors, including the types of benefits, your health, and your age when you purchase the policy.

We can help you reposition assets from tax-deferred status to tax-free status to cover for Long Term Care expenses. Please understand that anyone without Long Term Care coverage is self-insuring whether they realize it or not.

Give us a call to discuss your Long Term Care needs.