Frequently Asked Questions About Long Term Care


Long Term Care:

At some point, you will need care.  What is your plan? How will you pay for it? Would you like to age in place?

Here at Insurance Town and Country, we care about your well-being. Although traditional Life and Health Insurance work for the average person, there are many who require additional care. That’s why we offer an extensive range of coverage options to ensure coverage for those you care about most. At Insurance Town and Country, we protect your family’s financial future by providing coverage benefits for costs associated with home care, assisted living, adult daycare, hospice care, nursing homes, and respite care.

Do I need long term care insurance?

Consider your age and financial status when you are thinking about purchasing long term care insurance. The best time to buy insurance is before you actually need it—if you already have a serious condition, you may be turned down or be faced with paying an expensive premium.

How much will it cost?

The cost of long term care depends on a few important factors, namely, your age when the policy is purchased, your current state of health and your health history, as well as the specific benefits that the policy will pay. Expect to pay lower premiums the younger you are at the time you purchase the policy. Also keep in mind that you get what you pay for, so a cheaper policy may not be the best option for covering potential needs.

How does my health history affect the cost of my insurance plan?

Some policies may require a wait before you can receive benefits for a health issue or condition that you had prior to purchasing the insurance policy. Certain health conditions may disqualify you entirely or will likely require a large premium.

What is covered under the policy?

Most long term care policies provide comprehensive care that covers nursing homes, adult daycare, assisted living, or other residential care that will allow you to stay in your home. Be sure you ask for a detailed description of the coverage that comes with the policy you are looking to purchase.

Under which circumstances can I make an insurance claim?

It’s important that you ask your insurance agent the specifics on what it takes to qualify for a claim. What conditions must be met for you to qualify? What typically triggers a claim?

What should I look for in an insurance agent?

When shopping around for a long term care insurance policy, it’s important to find an agent who has up-to-date training, works for an established business that is local to you, and will take the time to answer any and all questions you may have about the policy. The best agent will be professional, well-trained, easily accessible, and won’t pressure you to purchase the policy or make a decision before you are ready.

If you have any additional questions about long term care insurance, contact a qualified Insurance Town and Country agent today! Let our team of insurance experts help you get on the right path to ensuring your future health expenses are covered.
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