Long Term Care Insurance

Protect Your Retirement From Long-Term Care Costs

The average nursing home costs over $90,000 per year. Without a plan, those costs can quickly deplete a lifetime of savings. Long term care insurance helps protect what you have worked for.

The Basics

What Is Long Term Care Insurance?

Long term care insurance pays benefits when you can no longer perform basic daily activities on your own, such as bathing, dressing, eating, or mobility, due to a chronic illness, disability, or cognitive impairment like Alzheimer's.

It covers care in nursing homes, assisted living facilities, memory care units, or even your own home.

What It Covers

In-home care
Adult day care
Assisted living facilities
Nursing home care
Memory care and Alzheimer's facilities
Hospice care

Why It Matters

Why Long Term Care Insurance Matters

Protect Your Retirement Savings

Without coverage, one extended care event can exhaust savings meant to last decades. Long term care insurance helps preserve what you have built.

Stay in Control

A policy gives you choices about where and how you receive care rather than relying on what Medicaid allows. You decide the type of care and setting.

Reduce the Burden on Family

Many family members become unpaid caregivers when a loved one needs long-term care. LTC insurance helps ensure professional care is available.

Plan on Your Terms

The best time to apply is before you need it, while you are still healthy and premiums are most affordable. Early planning means more options.

Is This Right for You?

Who Long Term Care Insurance Is For

Adults ages 40 to 65 planning ahead

People with retirement savings to protect

Those who want to age in place at home

Couples wanting to protect each other

People whose parents needed long-term care

Professionals with assets to preserve

Simple Process

How It Works

01

Assess Your Situation

Consider your health, family history, retirement savings, and what type of care you would want if needed.

02

Design Your Plan

Work with a licensed advisor to compare policies, benefit periods, elimination periods, and inflation protection options.

03

Coverage Protects You When Needed

If you cannot perform two or more daily living activities or have a cognitive impairment, your benefits become available.

Timing Matters

Why Planning Ahead Matters

Long term care insurance premiums are based on age and health at the time you apply. The earlier you lock in coverage, the more affordable it typically is.

Apply at 45Lower premiums, more carrier options
Apply at 55Moderate premiums, good availability
Apply at 65Significantly higher premiums, if still eligible

70%

of people turning 65 will need some form of long-term care in their lifetime.

U.S. Department of Health and Human Services

Get Started

Get Your Free Long Term Care Review

Takes 2 minutes. A licensed advisor personally reviews every request.

Common Questions

Frequently Asked Questions

What triggers long term care benefits?

Most policies pay when you cannot perform 2 of 6 Activities of Daily Living (ADLs) such as bathing, dressing, eating, toileting, transferring, or continence, or when you have a cognitive impairment like Alzheimer's disease.

Does Medicare cover long-term care?

Medicare only covers limited short-term skilled nursing care after a qualifying hospitalization. It does not cover custodial care, which is the ongoing assistance with daily activities that most people need long-term.

What is the elimination period?

Like a deductible measured in time (typically 30 to 90 days), you cover costs out of pocket before benefits begin. A longer elimination period typically results in lower premiums.

Can I still qualify if I have health conditions?

Eligibility depends on the carrier and your specific health history. Some conditions may be excluded or affect premiums, while others may not disqualify you. An advisor can help identify which carriers may offer you coverage.

Is there an inflation protection option?

Yes. Many policies offer an inflation protection rider that increases your benefit amount over time to account for rising care costs, which is especially important if you purchase coverage years before you expect to use it.

Take the Next Step

Start Planning Today

The earlier you plan, the more options you have and the more affordable coverage will be. A licensed advisor can review your situation at no cost and no obligation.

Get a Free Long Term Care Review