Like other insurance policies, Long-Term Care Insurance is something that can be purchased to protect your assets and those of your loved ones should you need a long-term care facility.
The cost of your premium is based on your age at the time you purchase the policy, the elimination period (number of days of care you pay for out of pocket before your insurance company begins paying for your care) and policy benefits and duration.
So what does that mean?
Long-Term Care Insurance provides consistent income to cover the cost of assisted-living facilities or nursing homes.
It is never too soon to think about preparing for the possibility of needing Long-Term Care Insurance. Let your licensed policyline agent help you prepare for your future and answer any questions that you may have. Long-Term Care Insurance can be tricky. But we are here to help.