Long-Term Care Insurance
There may come a time in your life where you will be forced to accept the fact that you are no longer able to take care of yourself. When taking the steps to prepare for this possibility, purchasing a long-term care insurance policy is an excellent addition to your retirement portfolio. This policy covers assistance in a number of areas such as bathing, dressing, and mobility.
Most people purchase a long-term care insurance policy in their 50’s or 60’s. Waiting until you need the assistance to purchase the policy is not an option, because you will not qualify for the insurance once assistance is needed.
Many long-term care insurance policies cover the costs of care for you in instances like a long-term health condition or a disability such as Dementia. Whether you need assistance in your home, at a nursing home, an assisted living facility or an adult care center, most long-term care insurance policies will cover the costs of the care.
If you are considering a long-term care insurance policy as part of your retirement plan, our dedicated team of life insurance professionals at Chas S Ashley & Sons is prepared to review with you the type of coverage you will receive and provide you with a long-term care insurance policy that best fits your specific goals.