- Life Insurance
- Dental Insurance
- Long-term Care
- Income Replacement
Long-term care, sometimes called custodial care, is a range of services and supports necessary to meet personal care needs. Most often this includes assistance with the basic tasks you encounter in everyday life, which could be anything from bathing and dressing, to using the restroom, to preparing meals and completing housework.
The U.S. Department of Health and Human Services estimates that roughly 70% of Americans over the age of 65 will require some sort of long-term care. However, this type of care is not covered by Medicare and other health insurance plans, meaning you will have to pay for it with your personal income and assets that could have been used towards your retirement. Thankfully, there’s another option: protecting your income and assets with a long-term coverage plan.
It is to your advantage to purchase one of these plans sooner rather than later because not only are you more likely to qualify but you are also more likely to pay less. In fact, the younger you are when you purchase long-term coverage, the less that coverage costs you each month.
Another bonus? Several plans provide you with tax benefits.
We have many options addressing long-term care, even for those who do not yet qualify medically. We can answer any of your health-related questions, so call us today to discuss coverage plans that best fit your individual circumstances.