When a person requires someone else to help them with their physical or emotional needs over an extended period of time, this is long-term care (LTC). This help may be required for many of the activities or needs that healthy, active people take for granted and may include such things as walking, bathing, dressing, or using the bathroom.

The need for long-term care help might be due to a terminal condition, disability, illness, injury or the infirmity of old age. Estimates by experts are that at least 60% of all individuals will need extended help in one or more of the areas above during their lifetime. The need for long-term care may only last for a few weeks or months or it may go on for years. It all depends on the underlying reasons for needing care.

LTC is important because the cost of long-term care services often exceeds what the average person can pay from income and other resources. With a Long Term Care policy, there is a greater likelihood of being able to leave an estate to your heirs, because you are less likely to use up your financial resources paying for care. It also means less emotional and financial stress on you and your family, as it can provide a way to involve your family in decisions without depending on them to bear the entire burden alone.

Finally, for many people, one of the most important advantages of obtaining long term care coverage is to ensure greater independence should you need care. Your choices for receiving care outside of a facility and being able to stay at home or receive services in the community for as long as possible are greater if you have secured a Long Term Care policy.

Call us today to discuss Long Term Care Insurance coverage for yourself or your loved ones.