Long-term care insurance policies reimburse policyholders a daily amount on services that aren’t covered by regular helath insurance, including routine daily activities such as bathing or getting out of bed.
A long-term care insurance policy helps cover the costs of care when you have a chronic medical condition, disability, or disorder.
Long-term care costs are important in an extended financial plan (especially in your older years) as waiting until you need coverage is not an option as you will not qualify if you already have a chronic medical condition, disability or disorder.
We analyze the appropriate long-term care insurance policies and allocate funds necessary so that when the time comes, these assets do not deplete your retirement account as long-term care costs can be costly.