Long-Term Care Insurance is designed to cover the cost of assistance with the activities of daily living or additional support if you develop a cognitive disorder. Naturally, the potential need for long-term care increases with age. Beyond expenses, the need for additional or specialized care frequently creates emotional stress on family relationships, regardless of how close the family might be.
Today, long-term care insurance policies provide coverage irrespective of where you receive care: at home, in an adult day care, assisted living facility, nursing home, or even in hospice care. A long-term care insurance policy can help with peace of mind. It makes it easy for you to access the best types of care, and the ability to focus on your well-being. When it comes to long-term care, you have options to choose from.