Often it’s difficult to visualize or relate to something you have not personally experienced, especially when you believe it is unlikely that the “something” will not happen to you in the foreseeable future. Sometimes, though, we can learn a lot from the experience of others.
Unlike traditional health insurance, long term care insurance is designed to cover long-term services and supports you being able to receive custodial care in a variety of settings, such as your home, a community retirement center, or other facility. You can select a range of care options and benefits that allow you to get the services you need, where you need them.
Confronting your own mortality and planning for what comes with growing older is huge – but it can also be surprisingly rewarding. The sooner you take care of tomorrow, the more you’ll enjoy today. There are traditional long term are policies and new hybrid plans today that built around a life insurance chassis.