Have you thought about the odds that you’ll need extended care? The likelihood of suffering a car accident or house fire is much lower than needing extended care. Yet you probably already own auto and homeowners insurance. Isn’t it time you took the same care to protect your future?
What if you — like so many Americans—need extended care? Perhaps you believe you could pay the cost yourself… or you’d qualify for a government program. Maybe you’re relying on family members to care for you in any situation. If you hope to pay any Long Term Care costs yourself, know that the average annual cost for nursing home care today is $83,580.40. And government programs like Medicare and Medicaid pay only limited benefits, if any, toward Long Term Care.
Are you hoping your spouse or children will be able to care for you? Be sure you understand what’s required of a caregiver. Are your loved ones in financial,
physical and emotional shape to provide the care you’d want? Could they rearrange their lives to care for yours?
“When should I prepare for long-term care?” You know that you can’t buy car insurance at the side of the road just after an accident. In the same way, the very best time to look at Long Term Care protection is before you need it, when you’re healthy and may prepare for the future you want.
By choosing Long Term Care protection now, you and your family may look forward to the future with more confidence.