Traditional Long Term Care Insurance

**Financial Oversight: The Importance of a Long-Term Care Plan**

Failing to prepare for potential long-term care needs can lead to significant financial challenges. Traditional Long-Term Care Insurance serves as a crucial financial safety net, providing the necessary resources to cover future long-term care expenses. Many individuals consider this coverage essential for safeguarding their financial assets.

Here are key points to understand about traditional long-term care coverage:

♦ Coverage typically includes various options such as home care, assisted living, adult day care, and nursing facilities, allowing you to choose based on your needs.

♦ Premiums are determined by factors such as your age at the time of application, health status, gender, and the level of benefits you select.

♦ Plans can be tailored to align with your desired benefit levels and budget for premiums.

♦ Coverage is provided through daily or monthly benefit limits, depending on your policy terms.

♦ It is advisable to have some form of coverage rather than none. Even a basic traditional long-term care plan can be beneficial when integrated with other policies that may offer additional benefits at little or no extra cost. (Refer to Alternatives to Long-Term Care Insurance for more options.)

♦ Keep in mind that there is no assurance of qualifying for a policy, making early application a prudent approach.

Your Future Benefits agent can help you shop long term care insurance. 

For a complimentary life insurance quote or policy review, please click here.

Alternatively, you may reach us at 901-754-2040.

*Please note, we are not stock brokers or financial advisors, and do not provide investment advice.

Refer to our Professional Disclaimer for more details.