Long Term Care Insurance

Long Term Care Insurance

Long term care insurance is a type of health insurance plan that can cover you for long term services and custodial care when you become unable to care for yourself. Long term care insurance can compensate you a certain amount of money for additional services that you made need for your care that your other health insurance policy may not cover. The amount of long term care insurance will depend on a few factors like how old are you when you buy the long term insurance policy, the maximum amount that the insurance policy will pay per day, the maximum number of days that the insurance policy will pay, the maximum amount per day times the number of days will establish the lifetime maximum amount that the insurance policy will pay, and any other optional benefits that you may choose for your long term care.


Long term care insurance has a few of benefits that you will want to take a look at when you are trying to decide what are the best options for you and your family. Long term care insurance can be tailored to match what you may be able to afford and what you may need for your long term care. The monthly costs for long term care insurance is determined by your age at the time of choosing an insurance plan. One final benefit of long term care insurance is that the majority of insurance plans have a set timeline for how long you will pay your premiums and many long term care insurance plans can be tax deductible. You will want to contact United Retirement Advisors Group to find out what options are best for you and your family for your long term care needs.