Long Term Care Insurance

More than half of the U.S. population will require long-term care at some point in their lives, and it is not only of concern or retirees or the elderly. Only about 60% of recipients are older than sixty-five, and nearly 40% of are between eighteen and sixty-four. They may not be sick, but are unable to handle the every-day basics of eating, dressing or walking. Care may require adult daycare, home healthcare, a nursing home, assisted living, respite care, hospice, or even an Alzheimer’s facility.

Out-of-pocket costs for these services can be prohibitive, and is the greatest threat to financial security.  Medicaid may provide some services for those with limited incomes, but usually will not cover in-home care, a private room, or assisted living.

A long term care insurance policy can only be cancelled for nonpayment, and it is guaranteed renewable for life.

Howard will guide you to the right carrier.