Long Term Care Insurance
Long Term Care Insurance is designed to cover costs for necessary care if you are chronically ill or disabled and unable to care for yourself. Long Term Care may help cover the cost of home health care, nursing home costs and the cost of care in an assisted living setting.
Long Term Care Insurance Policy
Assisted living care may include meals, assistance with activities of daily living such as dressing, bathing and eating or medical monitoring. Long Term Care Insurance Policies also typically provide these services as well as a visiting nurse in your home if you do not require the higher level of care available in a facility.
It is important to realize that most health insurance policies and Medicare do not pay for Long Term Care.
Medicaid will only pay for Long Term Care after you have depleted your assets and then you are limited as to which facilities you may use.
The bottom line is that today, people are living longer but not necessarily “better” in terms of a healthy quality of life. Most people will at some point in their lives need Long Term Care. By having a Long Term Care Policy in place you may have choices about when and where to receive care. You will not have to be concerned with asking a relative to care for you or becoming a financial burden on your family. Long Term Care is an important part of your financial portfolio.
Long Term Care Insurance contracts can be complex and there is much to consider before buying a policy. Educate yourself as much as you can and then spend some time discussing your Long Term Care concerns with your Dean Insurance Long Term Care specialist.
Call Dean Insurance at 410.838.3700 to quote long term care insurance coverage,
or click here for Dean Insurance to contact you directly!
Dean travel Insurance Coverage is available in Maryland an Pennsylvania!
We cover Baltimore County, Harford County, Cecil County, York County and more!