Long-Term Care Insurance allows you to transfer some of the financial risks of these costs to an insurance company so that you can protect yourself.
You choose your facility daily benefit amount between a $50 minimum and a $250 maximum, as well as a benefit period (2, 4, 6 or 10 years) and waiting period (30, 60 or 90 days), and you will be provided this coverage while you are in a facility or being cared for in your home.
Take control of your care and protect your assets with Long-Term Care Insurance.
Eligibility (for an expected period of at least 90 days):
- You must be certified as a chronically ill individual by a licensed health care practitioner to be eligible.
- Written certifications must be renewed or updated at least every 12 months.
- Policy subject to underwriting.