The answer is: before you need it!
A long term care event could seriously affect your life–not just emotionally, but also financially. One thing is certain, though; with solid planning, including Long Term Care (LTC) Insurance, you can be better prepared to assume the risks of living a long and full life while protecting assets valuable to your family or business–no matter what comes your way.
In general, private home care is expensive. Medicare typically only covers certain long term care, and it has certain limitations and options.
LTC Insurance typically covers the cost of the following:
While LTC Insurance may not be appropriate for everyone, the increasing costs of healthcare combined with the fact that people are living longer these days, means that most of us will need to stretch our retirement savings over decades. So, the best thing to do is to have a plan that provides for long term health care–sooner, rather than later.
Until you reach your 50s you'll probably never give LTC Insurance much thought, but then you begin to notice things around you and that's when it sinks in.
Let us help you understand and protect all of the risks you run and all of the perils your business faces–without Long Term Care Insurance. A well thought out and executed plan can give you peace of mind. Contact us today!
Have a question about long term care insurance? Fill out the form below and we will get back to you within 24 business hours.
Corrin Blogs Insurance
Always ahead of what’s going on in the insurance industry, Corrin Trowbridge makes insurance interesting and easy to read.
We Can Help You Make Sense Of Health Insurance Today
Health Insurance is on everybody's minds these days! Some employees are being asked to pay a larger share of their Group Health Insurance plans, and smaller businesses continue to shop around for individual insurance for themselves or Group Health Insurance plans for their employees. Let us help you take the mystery out of health care today.
Provide The Foundation For Your Future
If you are planning ahead, Farmers Financial Products can help with important investment decisions, tax-advantaged strategies and consolidating your various financial accounts–to protect, save and build wealth.
Pet Insurance, Now Available!
Protect your pet’s health and get 5% off pet insurance from Pets Best, a special offer for Farmers customers. Plans from $19 /month. Bow-Wow!
Forms and Phone Numbers
Insurance Brochures and Tipsheets