Plan Ahead for Your Future: All About Long Term Care Insurance
Ever wonder about whether or not you’ll need homecare assistance in the future?
Plan ahead and get covered now when the time comes!
As our life expectancy continues to rise, long term care insurance has been providing those that may seek homecare or elderly assistance in the future with the peace of mind that their out of pocket expenses will be covered over the years.
Not everyone feels comfortable relying on their children or families for paying for their care needs, which is why long term care insurance is an ideal option for those who may need assistance in daily living activities (or DLA’s) like walking and bathing in the future.
Despite popular belief, homecare or assisted living services are not covered by health insurance such as Medicare and Medicaid.
Given this, it’s so important that you learn about your options while still in good health since many folks postpone it until they’re unable to apply (so don’t wait!)
When comparing policy options and make the decision that’s best for you, consider a hybrid policy, which have become quite popular over the past few years. This is a policy that combines your life insurance with long term care, which can save you much more than other options at the moment.
If you have any questions, we recommend you contact Bob Loomis, CLTC, Long Term Care Specialist since 1989, at (860) 751-3863.
Robert Hensley & Associates, LLC
10 Avon Meadow Lane – Suite 1
Avon, CT 06001-3737