Life & Health — Individual
Long-Term Care Insurance
Plan ahead for future care needs — before you ever need them.
Long-term care insurance covers the cost of extended care services — in-home care, assisted living, memory care, and nursing facilities — that health insurance and Medicare do not cover. With care costs rising every year, planning ahead is the most powerful way to protect your retirement savings and relieve the burden on your family.
What's Covered
- In-home care — aides, nurses, and therapists in your own home
- Adult day health care services
- Assisted living and residential care facilities
- Memory care and dementia care facilities
- Skilled nursing facility care
- Respite care for family caregivers
Why It Matters
The average cost of a private nursing facility room exceeds $100,000 per year nationwide. Medicare covers only short-term skilled care after a hospitalization. Without a plan in place, these costs come directly from retirement savings — often depleting them far faster than anticipated. Long-term care insurance gives you options and protects your assets.
Common Questions
When should I buy long-term care insurance?
The best time is typically in your mid-50s — premiums are lower, and you're still likely to qualify medically. Waiting until your 60s or beyond means higher premiums and greater risk of being declined. We help you evaluate the right timing for your situation.
What are hybrid life/LTC policies?
Hybrid policies combine life insurance with a long-term care benefit rider. If you never need care, your beneficiaries receive the death benefit. This eliminates the 'use it or lose it' concern of traditional LTC policies and is increasingly popular.
Will Medicare cover my long-term care?
Medicare covers only limited skilled nursing care after a qualifying hospital stay, and only for up to 100 days. It does not cover custodial care (help with bathing, dressing, eating) — which represents the majority of long-term care needs.
Ready to get covered?
Talk to one of our advisors about the right policy for your situation. No pressure, no jargon — just honest guidance.