According to the US Department of Health & Human Services, Americans turning 65 have a 70% chance of requiring long-term care at some point. The good news? A long-term care policy could save you hundreds of thousands of dollars, protecting your life savings and reducing the financial, mental and emotional stress on your children.
The median cost for a private nursing home room is over $97,000 per year—and even more if you live in a major metro area. Fortunately, today's long-term care policies have several options should you need care while maintaining a more manageable monthly premium.
Let one of our licensed professionals help you select the daily benefit amount, elimination period, and benefit period that best suits your needs. No prior hospital stay or waiting period for pre-existing conditions is required. It pays in addition to any other insurance, with no premium increases with age.