What is long term care insurance?

Long-term care insurance is an economical way to help you protect your assets — and your loved ones — against the high cost of long-term care. It will give you the control and security to help cover the cost of long-term care services and the independence to choose where to receive care.

Individuals and Families should consider Long Term Care Insurance if they want to:

  • Protect retirement assets and savings
  • Be proactive and responsible for reducing or eliminating the burden of care and assistance from family members
  • Maintain independence and control to choose where to receive long term care

Long term care insurance provides personal care, homemaker services, skilled nursing care, and physical therapy. Care can be provided at your home, adult family homes, assisted living facilities, and nursing homes. Depending on your long term care insurance policy and condition, varying amounts of care can take place in a variety of locations, and can range from a few hours per week at home to round-the-clock care in a nursing home.