Long-Term Care Insurance
What is Long-term Care Insurance?
Long-term care insurance provides income to help cover the costs of a caregiver in your home or a care facility in case you aren’t able to care for yourself due to aging, illness or an accident.
It’s important to consider whether or not you have a plan to receive the care you may need around performing day to day activities in case of a health challenge. Long-term care insurance provides additional protection that government plans alone may not provide.
As you build your retirement income and savings plans, consider the benefits of having long-term care insurance to help minimize cost and stress to you and your family.
The money from this type of policy is for you and your family to use as you wish – you may not need to submit receipts for reimbursement. This type of insurance can help you with the following:
- An in-home caregiver so you don’t have to move to a facility right away.
- Help to support your family financially if you live with them and need additional care.
- Management of care and expenses in case of an unexpected accident, which could occur at any age – meaning you would need help from family or a trained caregiver.
Get Long-Term Care Insurance
Talk to a FaithLife Financial Representative to learn about insurance solutions that are right for you.