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Long-term care insurance is a type of policy that is designed to prepare you for the costs associated with assisted living and nursing care services and other medical costs as you age.
Long-term care insurance is a policy you purchase that you typically pay monthly premiums on for a long period of time, until you eventually reach an age where you start receiving a benefit payout. Benefits only kick in when you are in need, not when you reach a specific age.Long-term care benefits typically cover the costs of the following:
There are numerous reasons someone may want to get a long-term care policy, however, there are three more common reasons considered:
While most insurance products are similar in price and function, insurance providers vary when it comes to structuring a policy tailored to you.
After all, there’s no such things as a one-size fits all insurance policy when it comes to your business.
Contact us today, and we’ll help you protect what matters most.