Long-Term Care

Long-term care insurance helps cover the costs of care when an individual can no longer independently perform basic activities of daily living, such as bathing, dressing, eating, toileting, and mobility. This type of insurance ensures that you don’t have to bear the financial burden of care for a chronic illness, disability, or the natural aging process. With the right plan in place, long-term care insurance can cover a wide range of care settings, including nursing homes, assisted living facilities, or care at home, providing flexibility in where you receive the services.

When purchased early, long-term care insurance is generally more affordable and can even be tax-deductible in some states. By investing in this insurance at a younger age, you lock in lower premiums and ensure that you are covered if and when the need for long-term care arises. Given the rising cost of healthcare, securing long-term care insurance now can protect your assets and provide you with greater peace of mind in the future.