Long-Term Care

What is Long-Term Care?

Long-Term Care (LTC) provides assistance to people requiring supervision due to cognitive impairment or needing help to navigate daily living such as; getting in/out of bed, transferring to/from the bathroom, bathing, dressing, eating or housekeeping.  In general, individuals who require LTC are those who can no longer take care of themselves and are unable to perform the basic activities of daily living without assistance.

Who needs Long-Term Care?

The US Department of Health & Human Service states, “Someone turning age 65 today has almost a 70% chance of needing some type of long-term care services and supports in their remaining years.”

Why invest in a Long-Term Care plan?

The costs of LTC can be quite expensive, and are typically not covered under basic Health Insurance, Medicare, or Medicaid. LTC Insurance can protect your family’s financial future by providing a tax-free stream of income to pay for care. LTC also protects your loved ones from the emotional and physical burdens of providing LTC.

When should I get Long-Term Care?

Individuals looking to purchase LTC Insurance must meet certain medical underwriting conditions. A person’s overall health is the key factor in qualifying, as is age. The younger a person is, the more coverage they can obtain. 

How can ProStar help?

We have advisors who can guide you and educate you about Long-Term Care. LTC planning is foundational in helping to protect a family’s retirement plan as well as bring peace of mind to your loved ones.

All guarantees and benefits of the insurance policy are backed by the claims-paying ability of the issuing insurance company. Policy guarantees and benefits are not backed by the broker/dealer and/or insurance agency selling the policy,