Long term care is the type of care that you may need if you can no longer perform activities of daily living by yourself, such as eating, bathing or getting dressed. It also includes the kind of care you would need if you had a severe cognitive impairment like Alzheimer's disease. Care can be received in a variety of settings, including your own home, assisted living facilities, adult day care centers or hospice facilities. Long term care can be covered completely or in part by long term care insurance. Most plans let you choose the amount of the coverage you want, as well as how and where you want to use your benefits. A comprehensive plan includes benefits for all levels of care, custodial to skilled.

In addition, many plans offer options such as inflation riders, joint policy discounts, paid up policies in 10 years or paid up at age 65, and return of premium features. We recommend clients think about the features that are most important to them and we can then choose an appropriate plan to meet their needs. The average age of the general population purchasing these policies is mid to late 50s. There is a new trend of younger individuals, in their 40s, beginning to purchase them to ensure they can meet underwriting requirements and in hopes to pay a lower premium.