What Is Long-Term Care Insurance?
While it may be difficult to imagine today, many people eventually need assistance with
daily activities as they age. The important question becomes how to plan for that care —
and how to manage the costs.
Long-term care insurance is one option to consider as part of a thoughtful
financial plan. It is designed to help protect your assets and preserve financial independence
if you become chronically ill, disabled, or affected by conditions such as Alzheimer’s disease.
Long-term care insurance can help cover the cost of care needed for daily living activities,
whether that care is provided in your home, in a community setting, or in a facility such as
a nursing home.
What Medicare Covers
It is important to understand that Medicare coverage for long-term care is very limited
and may vary depending on the situation. In most cases, Medicare does not cover extended
custodial care.
To learn more about how long-term care insurance works and what options may be available,
review our Long-Term Care Guide
Call us at 678-546-7890 to discuss whether a long-term care policy may be the right fit for your needs and goals.
