Make sure you are protected and cared for throughout your times of need.
Long-term care used to be thought of as care received in a nursing home. The definition has now expanded to include services that help people who may have limitations regarding their ability to care for themselves on a daily basis to help them live independently.
The type of care needed can fall into two areas:
These services are generally not covered by typical health insurance or by our Medicare system. The cost of residential nursing home care is expensive and costs can average from $150 to $400 per day depending on the level of skilled care needed. You can protect your assets and preserve your estate from these high costs by purchasing long-term care insurance.
It’s good to have financial peace of mind as you naturally age through life. Almost a quarter of Americans will require some sort of long-term care in their lifetimes. Don’t let this sneak up on you and risk the financial burden it can cause. Call one of our Minnesota and Wisconsin based agents for a free quote today!