Why to consider securing long-term care insurance.
Many people have different ideas about what long-term care insurance really is all about. With certain misconceptions floating around, it is easy to understand to understand why some consumers have negative options about long-term care coverage and misunderstand the coverage that it provides. Before you’re quick to judge this insurance type, check out these things you didn’t know about long-term care insurance.
You can decide when care is received. One of the most common myths is that long-term care insurance only provides nursing home care. However, this is simply not the case. Coverage provides home care for those who prefer to stay at home, as well as adult day care, assisted living facilities, and hospice centers.
Benefits are flexible. Most long-term care insurance policies offer greater flexibility in the types of services available, such as home modifications like installing grab bars or a wheelchair ramp to help you stay in your home longer and be more comfortable. Personal supplies like a lift chair or hospital bed may also be covered.
It supports family caregivers. Long-term care insurance recognizes the important role family caregivers play in caring for loved ones. Coverage makes it easier for those caregivers by providing training for family members, which helps ensure care recipients are getting the best care possible.
It’s not just for older people. Although long-term care insurance is a critical part of retirement planning, the younger you are when you apply for long-term care coverage, the better. Age and health are two important factors that insurers look at when determining policy premiums. Quite simply, the younger and healthier you are, the more likely it is you can lock in a low rate.
Your health and wellbeing is something that should matter to you. Contact the insurance professionals at Donald Weiss Insurance Services in Santa Monica for all of your care needs throughout Southern California.
