Long-term care allows you the care you’ll need if you become chronically ill or unable to perform necessary day-to-day activities without assistance. Health coverage from your employer will not pay for daily, extended care services. Medicare will cover a short stay in a nursing home, or a limited amount of at-home care, but only under very strict conditions. To help cover potential long-term care expenses, some people choose to buy long-term care insurance.
Like life insurance, long-term care insurance benefits you the most if you plan ahead and purchase when you’re young and in good health. Ask your agent if this is the right move for you based on your health history.
Start investing in your long-term care coverage plan today.
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