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Long-Term Care Insurance

Someone turning age 65 today has almost a 70% chance of needing long-term care at some point in their lives.¹

Unlike traditional health insurance, long-term care insurance is designed to cover long-term services and supports, including personal and custodial care in a variety of settings such as your home, a community organization, or other facility.

Long-term care insurance policies reimburse policyholders a daily amount (up to a pre-selected limit) for services to assist them with activities of daily living such as bathing, dressing, or eating. Long term Care insurance is an important part of your retirement income plan, if you want to help protect your assets from potentially being impacted due to long-term health care cost. If you don’t personally know someone to whom this happened, chances are you’ve heard the stories; people whose health deteriorated or their age made them less capable of caring for themselves, who spent the bulk of their life savings or even went into great debt to get the long-term care they needed.

 

With the vast majority of health insurance plans available today, a great deal of the treatments and care that a person in such a situation would require may not be covered.

 

Sipes Life and Financial Services helps consumers compare and gather long term care insurance quotes in a simple and easy process. So, instead of leaving your decision to chance, let us provide you with a long-term care insurance quote and help you throughout your long-term insurance decision making process.

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¹ US Department of Health and Human Services: LongTermCare.gov

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Guarantees are backed by the financial strength and claims-paying ability of the issuing insurance company.

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