Understanding Individual Long Term Care Insurance

What is Long-Term Care?

Long-term care is the kind of care needed by persons requiring assistance or supervision with the everyday activities of daily living due to physical or cognitive impairments or for persons needing medically necessary care for an acute or chronic condition. Care can be provided at home, an adult day care center, an assisted living facility or nursing home. More than 85% of care today is received outside of a nursing home setting.

The Need for Long-Term Care
Americans are living longer. When you get old, you may get sick. And when you get sick, you may need care. Providing that care can have a devastating emotional and financial impact on your family and retirement portfolio. Establishing a plan in advance about how you would want to be cared for and providing a way to fund that plan could greatly reduce the burden on your family and help protect your retirement portfolio.

Long Term Care Questionnaire.pdf