What is a Long-Term Care Policy?

Long-term care policies are designed to cover the costs of care services that are not typically covered by health insurance, Medicare, or Medicaid, such as assistance with daily activities like bathing, dressing, and eating. These policies help pay for care provided at home, in a nursing home, or in an assisted living facility. As people age or face chronic health conditions, they may require long-term care, which can be expensive and strain personal finances.

A long-term care policy provides financial protection by covering these costs, helping preserve savings and assets. It also offers peace of mind to both the policyholder and their family, ensuring that appropriate care is accessible without causing a financial burden. This type of insurance is especially important for those who want to plan for the possibility of needing extended care in their later years. To learn more about long-term care policies, contact our team of agents for more details.