Long Term Care Insurance

Helps protect your assets and lifestyle from the effects of an extended illness.

A Long Term Care Insurance Policy provides benefits to offset the costs incurred when a person suffers from a long physical illness, a disability, or a cognitive impairment such as Alzheimer's disease. Long-term care is different from traditional medical care. Many seniors receive this care in nursing homes. But more effective and less expensive care at home, in assisted living facilities, and at adult day-care centers is growing in popularity.

One recent report claims one out of two people age 65 and older will need long-term care at some time. The cost of care is expensive, depending on the severity of a disability, the degree of care needed and where it is provided. An average one-year nursing home stay is almost $55,000 nationwide; nearly $100,000 in major cities.

But the need for care is not limited to the elderly. 12% of nursing home patients today are under age 65. Accidents, illness, and disabilities can limit your ability to independently care for yourself at any age.

Long-term care policies are customized based on your needs, your age, how long you want the benefit to pay, and how much of the cost you are willing to pay from other income and personal assets. Plans can be very affordable. The younger you are when you purchase, the less expensive the premium will be. And if you delay, a change in your health could limit your ability to obtain the coverage you desire.

Visit our Long Term Care Coverage FAQ for answers to some frequently asked questions.

Click here for a no-obligation Long Term Care Insurance quote.