Long Term Care

Long Term Care impacts the financial future of millions of Americans. According to the LIFE Foundation & the U.S. Department of Health and Human Services, about 70% of people over the age of 65 will require some sort of Long Term Care during their lifetime.

It can cost upwards of $75,000 a year. A lifetime of retirement savings could easily be depleted in only a few short years. Additionally, the emotional and physical strain placed on family members caring for a loved one can be overwhelming.

Long-term Care Insurance policy helps cover things that regular health insurance like Medicare does not. If you don’t have insurance to cover long-term care, you’ll have to pay for it yourself.

The two most important factors that determine the cost of an LTC Insurance policy are the Age and Health of the applicant. That’s why it is important to start planning early while you are young, healthy and able to take advantage of more favorable rates and discounts. Give me a call today for more details