Long-term Care Insurance – What to consider if you think you need coverage

June 13, 2022

Long-Term Care (LTC) insurance is designed to help ease the burden of transitioning into an assisted living/nursing home as your health declines and you are no longer able to live independently.

As costs for these facilities have skyrocketed in the last 15 years, so too have the premiums for these policies. Not only have premiums increase, coverage caps have become the industry standard, and cost of living adjustments (COLA) can increase your premiums significantly.

As you think about adding disability insurance to your wealth plan, here are a few items to consider:

Have additional questions about long-term care insurance, schedule a meeting!


This material has been prepared for informational purposes only and should not be used as investment, tax, legal or accounting advice. All investing involves risk. Past performance is no guarantee of future results. Diversification does not ensure a profit or guarantee against a loss. You should consult your own tax, legal and accounting advisors.

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