What Is Long-Term Care Insurance

Long-Term Care Insurance is an extension of health insurance or Medicare. It provides funds to cover long-term care costs, such as nursing home stays, home healthcare, and/or assisted living, in the same manner that health insurance provides funds to cover doctor visits, hospital bills, and some prescriptions. However, if the individual's condition progresses to the point where he or she requires such long-term care, Health Insurance alone will likely not provide coverage.  

Health insuranceis is not designed to cover the long-term care expenses of those who suffer permanent paralysis, Alzheimer's, or perhaps just need constant care as a natural result of aging. This is where long term care insureance comes in.

Long-Term Care Insurance is designed to pick up and provide coverage where Health Insurance leaves off. So, in the case where the individual's condition progresses to the point where one requires constant supervision or assistance carrying out basic daily activities (such as bathing, eating, toileting, dressing and moving about), Long-Term Care Insurance will provide coverage for such expenses.

Those who purchased Long-Term Care Insurance, share that it helps them maintain their independence and freedom of choice over how and where their care is provided. Long-Term Care Insurance can allow you to protect your assets and help ensure that your needs later in life will not create a physical or financial burden on your family.

Select Pointe LLC can provide you quotes and information on all of the long term insurance programs in your state. No one company's policies are perfect for every person or situation. There is no substitute for speaking with a specialist who knows the questions to ask and the details that make plans different. Read "The 4 Biggest Mistakes Made Buying LTCI". Did you know that some of the biggest well know names in the insurance industry charge almost twice the premium as other equally well known companies for the same or less? Did you know that some companies have policies that are a better value for single women? Young couples? Older couples? People with diabetes? Ask for a quote or help now.