Long-Term Care Insurance
What is Long-term care insurance
Did you know Medicare does not cover you for Long-term care? LTC insurance is a type of insurance designed to cover the costs of long-term care services, such as nursing home care, assisted living, and in-home care. It provides financial protection for individuals who may need assistance with activities of daily living due to aging, chronic illness, or disability. This insurance helps to offset the high costs associated with long-term care, which can quickly deplete savings and assets.
Long-Term Care Services
In-Home Care
- In-home care is a type of service covered under many long-term care insurance (LTCI) policies. It involves providing assistance to individuals within their own homes, allowing them to maintain a level of independence while receiving the care they need. Here's an...
Assisted Living
- Assisted living is another type of service commonly covered under long-term care insurance (LTCI) policies. It provides a residential option for individuals who need assistance with daily activities but do not require the...
Nursing Home Care
Nursing home care is a critical component of long-term care insurance (LTCI), designed to cover the costs associated with intensive medical and personal care services provided in a nursing home facility. Nursing homes offer a higher level of care compared to in-home care or assisted living,...
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