What You Didn’t Know About Long-Term Care Insurance

The truth about long-term care insurance.


When you think of long-term care insurance, you may not think that the coverage applies to you. However, there are many misconceptions about long-term care insurance that prevent people from getting coverage, when in fact they could benefit from a policy. Take a look at these facts about long-term care insurance that you didn’t know.


  • You decide where to receive care

A common myth about long-term care coverage is that it only provides nursing home care. In reality, it provides home care, adult daycare, assisted living facility support, and more. This gives you the freedom to choose where you are most comfortable to live and receive support.


  • The benefits are flexible

 Most policies offer great flexibility in the types of services available, such as home modifications like installing grab bars or a wheelchair ramp, which can help you stay at home safely. It can also cover care-related products and personal supplies, such as a lift chair.


  • It’s not just for older people

Although securing coverage is a crucial part of retirement planning, the younger you are when you apply for coverage, the better. Insurers look at two main factors when finding your coverage – your age and your health. Applying when you are young will help to make a policy more affordable, and you are likely more insurable from a health perspective.


Do you have questions about long-term care insurance? Then talk to the professionals at Lou Aggetta Insurance Services in Pleasant Hill. Our experts are ready and waiting to help you determine your needs and explain how a policy can protect your finances. Give us a call today to get started!