Long Term Care Insurance

When people think about long-term care, they often picture an event that might occur in the distant future — when they’re much older. What they may not realize is that 40% of those who receive long-term care are working adults ages 18–64.1

Today, more and more people under age 65 are recognizing their potential need for long-term care — and more are planning for it. In fact, almost one-third of those purchasing long-term care insurance today are under age 65.2

Are you covered?

Another common misconception is that health insurance and disability insurance cover the costs of long-term care. Health insurance covers medical care provided by a hospital or doctor, and disability insurance replaces income when you are unable to work — but neither pays for long-term care services. And the cost of these services can be substantial — for example, the average annual cost of a nursing home is $55,000.2

The good news is that long-term care insurance covers these costs. It pays for care at your home or in a facility when, as the result of an accident or sickness, you can no longer handle on your own such routine activities as eating, bathing, and getting dressed.3 With long-term care insurance, you can protect yourself from a risk that is simply too great to leave uncovered.

Now is the time.

As you plan for your future, now is the time to consider the benefits of long-term care insurance. And when you do, we hope you’ll keep our firm in mind. We represent a number of the long term care insurance industry’s leading carriers, including…

• Allianz
• Genworth Financial
• John Hancock Life Insurance Company
• MedAmerica
• Metropolitan Life Insurance Company
• New York Life
• Physician's Mutual
• Prudential Insurance Company of America

Through the carriers above we offer policies for individual consumers as well as for the executive benefits and worksite / voluntary benefits markets. For more information concerning any of these product applications, contact us at 888-669-4883, ext. 202.

1. U.S. General Accounting Office, Where Does the Population Live and Who Cares for Them, “LTC: Diverse, Growing Population Includes Millions of Americans at All Ages,” January 2001.
2. U.S. General Accounting Office, “Baby Boom Generation Increases Challenge of Financing Needed Services,” March 2001.
3. Refer to the Policy Contract or Outline of Coverage for complete policy details.

---

Other resources:

• Long Term Care Insurance Overview for Consumers
• Sponsored Group Presentation for Employers