Long term care insurance provides protection in your retirement years and gives you the freedom and flexibility to make decisions about the care you need.
Long term care services may include rehabilitation and therapy, nursing care, housekeeping services, or personal care. Depending on the policy you choose, you can receive payments based on a pre-determined amount designed to meet your needs, without having to submit receipts.
People who may benefit from long term care insurance include:
- People planning for retirement who want to protect their estate and/or assets.
- People who want the freedom and flexibility to make decisions on the type of care they want.
- People who are caregivers to their parent or spouse and need the financial protection to care for them.
- People who want financial security without having to rely on the government or others for care.