Long-Term Care Insurance
Explore how this solution works, why someone may consider it, and the policy or contract details worth understanding before making a decision.
Make A Change.What it is
Insurance designed to help pay for qualifying long-term care services when a person needs assistance with everyday activities or experiences certain cognitive impairments.
Why someone may consider it
Someone may consider it to help prepare for care expenses, reduce the pressure those costs could place on other retirement resources, and provide more choices for how and where care is received.
Key features
Depending on the policy, benefits may support eligible care at home, in adult day care, in assisted living, or in a nursing facility. Coverage amounts, benefit periods, waiting periods, and optional features vary.
Important things to understand
Eligibility for benefits is based on the policy’s definitions and requirements. Premiums, exclusions, inflation options, benefit limits, and the possibility of future premium changes should be reviewed carefully.
Watch & Learn
A brief video explanation is coming soon.