Have you looked into a Long-Term Care insurance policy?

Long-Term Care refers to help that people with disabilities or chronic, long-lasting illness need over an extended period of time. The type of help needed can range from assistance with simple activities to care provided by nurses, therapists and other professionals.

Some services that might fall under long-term care insurance are:

• Providing you with assistance in your home with daily activities, such as meals, eating, bathing, and light housekeeping
• Nursing home coverage
• Helping with the cost of assisted living facilities
• Visiting nurse in the home or a certified nursing assistant
• Assistance with personal shopping needs
• Adult day care services
• Home modification
• Care coordination

Without a long-term care policy you could spend your savings rather quickly. So purchasing long-term care is important, but it can seem like a daunting task. It doesn’t have to be if you follow some easy steps.

1. Ask a family member/friend to help you if you are overwhelmed with the process.
2. Decide on which services are most important to have covered.
3. Take your time; don’t be pressured by anyone to make a quick decision.
4. Check your current insurance policy to see what is covered.
5. Check with at least 3 insurance companies about the long-term offerings.
6. Research the different plans available in your price range.
7. Get written copies of any policies you are considering and read them carefully.
8. Review everything one last time before signing on the dotted line.
9. Always pay your premiums with a check payable to a company not a person to prevent fraud.

Make the decision that is right for you and that will give you peace of mind.

Life Happens is a non-profit organization that can also explain Long-term Care coverage for you. Please check out their website here.