Long Term Care Insurance
Long Term Care Insurance
Plan ahead with coverage for long-term care needs.
As we age, long-term care becomes something many of us will need—but few people are prepared for the cost. Long term care insurance helps cover the expenses of assistance with daily living activities like bathing, dressing, or getting around, whether it’s in your home, an assisted living facility, or a nursing home. Regular health insurance and Medicare typically don’t pay for extended care services, which can quickly drain savings. With long-term care insurance, you gain peace of mind knowing help will be there without having to rely entirely on family or pay out-of-pocket. The benefits can even include home health aides, adult day care, hospice care, and Alzheimer’s support. Plus, many plans offer tax advantages and allow businesses to deduct premiums in certain cases. If you’re thinking long-term, this coverage makes sure you’re ready for life’s what-ifs—without sacrificing your independence or your finances.
THERE'S MORE TO IT!
Why it's a good idea to get this coverage in our area:
Long-term care insurance is designed to help protect your future by covering costs that typical health insurance, Medicare, or Medicaid usually don’t handle. It’s meant for those who may need assistance with everyday tasks—things like dressing, bathing, eating, or moving around—rather than traditional illness care.
This type of insurance offers peace of mind by paying for services like home care, assisted living, adult daycare, hospice, nursing homes, and facilities specializing in Alzheimer’s care. If you choose home care coverage, the policy can cover help from day one—whether it’s a visiting caregiver, live-in nurse, companion, or even therapy and housekeeping, often available seven days a week, 24 hours a day, up to the limits of your plan.
One of the biggest advantages is that long-term care insurance can relieve the burden on family members. Many people prefer not to rely solely on their loved ones for support, and having this coverage can protect personal savings from being drained by expensive care costs. Plus, premiums you pay might qualify for income tax deductions depending on your age, and benefits you receive generally aren’t taxed as income.
For business owners, there’s often a tax benefit too—corporations paying premiums for employees can usually deduct those costs fully, as long as they’re not counted as taxable income to the employee.
While Medicaid does offer some help for people with limited resources, it mainly covers nursing home care and certain community services, but usually not home care or assisted living. Since many prefer to receive care at home or in a private assisted living setting, long-term care insurance can provide the flexibility and protection to make that possible.
Thinking ahead with long-term care insurance is about more than just preparing for potential needs—it’s about protecting your independence and financial future. If you want to explore the options that fit your lifestyle and budget, we’re here to help you find the right coverage for you.
Feel free to reach out to learn more or get a quote for long-term care insurance tailored to your needs.