Long Term Care

Each one of us has had an experience with Nursing Homes. If not a direct experience, we have heard hair raising stories about the costs of keeping family members in a nursing home. There are several ways to control these costs. One is to purchase Long Term Care Insurance.

• You can buy coverage with a set daily benefit that goes up with inflation.
• You can select the time period of coverage from 2 years to lifetime.
• You can have a waiting period before coverage takes effect from 0 to 200 days.
• You can buy coverage for both home care and nursing home care.

You can even buy insurance that returns most of the premium if you never use the coverage.

Each of these variables affects the premium, but the most important factor affecting the premium is the age at which you apply for the insurance. The older you are when you buy the policy, the higher the lifetime premium.

We are proud to have available Long Term Care Insurance from a number of very strong established providers.
GE Capital Assurance
CNA Insurance - Group LTC
John Hancock
Kanawha
State Life

With these thoughts in mind, if you would like to hear more about this kind of insurance, and what it might cost, we would like to help you learn.

For more information, please fill out our short online request form. We will prepare a proposal for you and contact you at your convenience. We will be happy to answer any questions you might have.

Frequently asked questions we can answer for you:
How much does it cost?
How about Medicaid?
How about Medicare?
Do I really need it?
What is the normal length of stay in a nursing home?
Do rates go up?
Why buy coverage now?
Is Home Care cost included?
What happens after a nursing home?
Is Alzheimer’s covered?
What are my options?
When does the insurance pay?
What is an Activity of Daily Living?
You may also call us at 215-242-8200 or 800-242-8221.
We will be happy to discuss the plan best suited for your needs.