Five Tips

1. Imagine the Future

As best you can, picture 10, 20, or 30 years from now and try to imagine a best, most likely, and worst case scenario for your care. Familiarize yourself with your family history and the national average cost and time for home care, assisted living, and nursing homes. Having a sober minded picture of the future will help you create the most reasonable plan.

2. Find the Balance of Benefits & Premium

Your agent can work with you to raise and lower the various benefits on your plan to find a premium that fits best for you. For example, if you are comfortable budgeting $200 per month for this coverage your agent can help you find the right relationship between daily benefit, inflation protection, and years of coverage that fit your needs.

3. Even Modest Benefits Can Make A Difference

Even if your long term care insurance plan can only pay part of your future needs, that can provide the flexibility to maintain independence and expand your options on the type of care you receive.

4. Ask Lots of Questions

This is YOUR coverage that will pay for YOUR care so be sure you are knowledgeable about Long Term Care and insurance coverage. Rely on your agent, online resources, your state department of insurance, and trusted family members to be sure you are making the best decision for you!

5. Peace of Mind Based on Facts Is the Goal

Insurance is available to cover certain risks – our health, an auto accident, our home. Long Term Care expenses are a true risk to your savings. Some people will never need services but many will. Remember the goal is to wisely plan for the future and get a solid, reasonable plan in place. This plan may include reliance on family, private insurance, and the government.

Have Questions?

If at any point you would like to speak with someone for more information,
contact 1-800-258-7041 or fill out our Request Information form!