What is long-term care insurance?

Growing older should be a time to reflect on and cherish life’s moments with family and loved ones in a secure and safe environment, not to worry about how you will take care of yourself. Long-term care insurance is designed to provide that peace of mind both to you and your family members while protecting your assets.

Long-term care insurance is specifically designed to cover the costs of long-term care services, such as in-home care as well as assisted living and nursing care facilities. Most of these costs are not covered by health insurance or Medicare.

Planning for your own long-term care

With the average life span increasing and the cost of long-term care on the rise, the need for planning for long-term care has become a necessity. Without proper planning, your resources can be quickly depleted. You may be left to care for yourself in your own home or forced to depend on family members, who are often not prepared for this added financial and emotional responsibility.

Extended Care Plans

If you need care due to long-term disability, chronic illness, extended recovery time, or terminal illness, extended care plans provide medical care in your home or in a facility, allowing you to choose where you receive your care. Without adequate planning, you may have fewer available options. Let your Financial Advisor at Allen & Company help you protect your assets and plan for your long-term care needs.
 
 
Long Term Care Disclaimer

This material has been prepared solely for informational purposes. Information has been obtained from sources believed to be reliable, but its accuracy and completeness are not guaranteed. Information published by Allen & Company of Florida, Inc, or one of its affiliates as part of this web site is published in the United States and is intended only for persons in the states in which we are registered.

Investments and Insurance Products are:

• Not insured by the FDIC or any other federal government agency · Not bank/CU guaranteed
• May lose value · Not a deposit · Not insured by any federal agency