Long Term Care Insurance
Long Term Care Insurance, commonly known as LTC Insurance, primarily covers assistance with activities of daily living, such as bathing or dressing, when an individual has a qualified physical or cognitive impairment. Services covered by Long Term Care Insurance can take place either in a senior living facility like an Assisted Living Community, Board and Care Home or Memory Care Community, or in the person’s own home. Long Term Care Insurance benefits might exist within a freestanding policy on its own, or as part of an annuity or life insurance policy. An agent who specializes in Long Term Care Insurance can help you identify the options and coverage within your individual policy.