4 Reasons You Should Invest in Long-Term Care Insurance

Opting for long-term care insurance may seem like a an unnecessary asset when you feel you are young enough (or in good enough health) to avoid it. However, protecting your future choices with a long-term care insurance plan brings many benefits that are well worth the investment. Here are the top four reasons you should consider long-term care insurance:

  1. Insurance gives you options. When the need for extra assistance does arise, long-term care insurance ensures greater freedom of choice and more access to care resources. You’ll be able to access care quickly, stay in your home longer, and avoid a nursing home or assisted living facility. Plus, having an in-home attendant means care that is more personalized to fit your specific needs.
  2. Your assets are protected. Investing in long-term care now allows you to remain in control of your personal savings and other assets, such as your children's’ inheritance. Without the insurance, long-term care can quickly become very costly.
  3. You can maintain independence. Since long-term care insurance gives you the option to stay in your home longer, you’ll remain as independent as you wish and avoid daily reliance on your children.
  4. You’ll maintain quality of life. Finally, long-term care insurance allows you to preserve your standard of living with access to high-quality caregiving, financial stability, and peace of mind for your loved ones.

We all have a loved one who could benefit from long-term care insurance. Talk to your family today and ask him/her to consider getting their plan started!

If you would like to learn more about in-home care--short or long term--please click here.