Why Do People Purchase
Long Term Care Insurance Coverage?
Avoid Dependence on Your Loved Ones to Provide Care
Cited by policyholders as the #1 reason they purchased LTCI was the desire to spare their family from trying to provide for their needs in the future should they become unable to take care of themselves.
Access to Quality Care
The better your insurance coverage is, the better your choices are?AND YOUR CHILDREN?S ABILITY TO HELP YOU. You have seen the bumper stickers ?Be nice to your kids, someday they will picking out your nursing home!? Give them something to work with to be able to say YES! to the best for you. A gift to them and a gift to yourself. Let cost of the best not be a factor in their decisions.
Protect your savings
Your home, your life-savings and other assets could completely disappear in order to pay for Long Term Care. With this coverage - YOU choose where your assets go.
Control and Independence
We can say good-bye to both if we become dependent on a government welfare policy.
Welfare
Many people do not know that a Federal Law prohibits your hiding your income in order to qualify for Medicaid. They are permitted to audit your finances 5 years back in order to make sure that you have not done this.
Peace of Mind
Knowing what you know now, wouldn't it be wonderful to know that you are protected against this almost inevitable set of circumstances by purchasing a good, Long Term Care policy?
A Well Chosen Long Term Care Insurance Program
allows you and your family to use dollar benefits for home health care, Assisted Living Facilties of your choice anywhere in the country and any licensed nursing facility, again anywhere in the country. Policyholders often move from setting to setting seamlessly as their needs change continuing to be reimbursed without further qualification. Time at home, time in a nursing facility, then returning home with home care is an example of the flexibility of this type of protection.
|
