Long-term Care Insurance

Long-term care insurance can help you long before you reach your golden years if an accident or illness requires long-term hospitalization, nursing home care or even at-home care with a skilled caregiver.

Long-term care insurance plays a critical role in your overall financial plan by protecting your hard-earned savings if you experience an illness or disability that requires ongoing care, and it also removes the financial burden and responsibility from your adult children.

What’s more, delaying the decision to purchase a long-term care policy can wind up having significant financial ramifications. Why? Because the younger you are when you enroll in a long-term care insurance program, the less expensive your premiums will be.

What about Medicare, Medicaid and VA benefits?

Many men and women make the mistake of thinking that just because they may be eligible for Medicare, they don’t need to think about long-term care insurance. But in fact, Medicare only pays for a portion of your care needs, and only for a specific period of time. Beyond those restrictions, the cost of your care falls to you and your loved ones.

Medicaid and the VA provide some long-term care coverage, but only for the most basic needs that may fall short of what you need to live comfortably for a long period of time.

In-home skilled care

For most men and women, the preferred care option involves remaining in their home for as long as possible. But without long-term care insurance, the cost of a skilled caregiver can be prohibitive, and relying on loved ones to provide care can result in significant emotional, physical and financial strain for them.

Long-term care insurance provides peace of mind, both for you and for your loved ones. At ISU-Wissink, we can help you get the long-term care you need at a cost that works for you. Call us today at 310.390.3318 to learn more.