Can you choose the options that meet your needs?

You are taking an important step towards securing the financial future for you and your family. Your greatest financial risk today and in the foreseeable future is not your hospital or doctor bills, but the very high cost of long term care.

With the better policies, the answer will be yes. It's important to find a policy that lets you make choices, so you can customize your coverage. Here are some key options to explore:

  • Location of Long Term Care: in-home, in a nursing home, in an adult day center or an assisted living facility.
  • Type of Long Term Care: skilled nursing care, custodial care, home health aides.
  • Options of Long Term Care: amount of daily benefits and length of coverage.
  • Flexibility of Long Term Care: alternate ways of applying benefits (sometimes called, "alternate plan of care").
  • Waiting Periods for Long Term Care: length of time before coverage begins once a need has been established with the insurance company.
  • Coverage of Long Term Care for Organic Illnesses: organic mental illness, such as Alzheimer's, is not always covered.