How do I know if I need Long-Term Care Insurance?
Well... you don't. Any more than you know you'll need homeowners insurance, or
car insurance. But Long-Term Care Insurance plans can offer you peace of mind, the knowledge that no
matter what happens, a plan is in place.
There are, however, some ways to better determine if Long-Term Care Insurance is something
you should consider. We'll outline some of them below, but please feel free to contact us if you
would like to speak about your unique situation, we'd love to hear from you!
When most of us hear the words " long-term care" we think of nursing home, Medicare,
Medicaid, all visuals of "old people." Well, long-term care has nothing to do with
Yes, the possibility of needing long-term care increases with age but needing long-term care
can happen at any age due to an illness, surgery or accident.
There is a long-term care plan for everyone which may or may not include a long-term
Much Does Long-Term Care Cost?
Home Health Aide $22/hour
Homemaker Services $20/hour
Adult Day Care $79/day
Assisted Living Facility $4,250/month
Nursing Home $250/day
These figures are average and may vary according to region.
It is much easier on everyone if a long-term care plan is put in place before an incident
occurs. Just like it takes a village to raise a child, it takes a village to care for an infirm
It is much easier to pay an insurance premium than it is to write a daily/monthly check for
the above amounts.
is a good age to explore your long-term care planning options?
Right now, download our Health
Questionnaire that can be printed and
sent in for a quote, because you will never be any younger or healthier than this very
There are so many ways to pay for a Long-Term Care Insurance plan:
Premiums may be paid annually, semiannually, quarterly or monthly
Policy may be paid up in ten years
Policy may be paid up by age 65
Leverage your money with any one of the linked-benefit products available, i.e., life
insurance with a long-term care rider or a 1035 exchange to an annuity with a long-term care
Explore options available to Veterans or surviving spouses of Veterans
Policy may be paid from a Health Savings Account or Health Reinbursement
9100 Arboretum Parkway, Suite 180, North Chesterfield, VA 23236 . Phone: 804-306-0016 . Fax: