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No one really knows if they will be needing long term care in the future, but there are several factors to consider. Your age, your health or family's health history, your gender and your current financial and living status.
If you have a history of chronic illness in your family, you might be at risk. Or if you are already in the prime of your life, then you might consider getting ltci, because the likelihood of needing it increases at you age.
Women tends to live longer than men due to their lifestyle. Men are more active in Alcoholism and smoking so they are prone to die at an early age. so women have the higher risk of being an ltc dependent.
Your current living status also matters, if you live alone or a widower, and you can't rely on family members to care for you then you will also need long term care.
What else can I help you with?
How can you find long term insurance care cost?
There are many ways to find long term insurance care. Long term insurance care can be found on websites such as Nationwide, LongTermCare, and CompareLongTermCare.
Which companies offer federal long term care insurance?
The Federal Long Term Care Insurance Program (FLTCIP) specializes in offering federal long term care insurance to eligible groups and their relatives.
What are some companies that sell long term care insurance?
Some companies that sell long term care insurance include Genworth, Mutual of Omaha, John Hancock, and Transamerica. It is important to research different insurance providers to find the best coverage and rates for your specific needs.
Where can one find long term care insurance?
One can find long term care insurance at many various health insurance websites like Blue Cross and Blue Shield. They have many options for long term care insurance.
What year did mass mutual introduce long term care insurance?
Mass Mutual introduced long term care insurance in 1997.
Where can one take out a long term care insurance policy?
One can take out a long term care insurance policy from several different places. Some of the places in which one can take out a long term care insurance policy from are: Long Term Insure Me, and Own Your Own Future.
Does GE offer long term care insurance?
GE Capital Company does, indeed, offer long term care insurance. They also offer a number of other products, such as life insurance, annuities, and mutual funds.
Are there insurance policies that cover only custodial care?
An insurance policy that covers custodial or personal care is a long term care insurance, generally, long term care insurance covers things that are not covered by health insurance. If you are unable to perform activities of daily living, or need assistance due to disability and chronic illness, long term care insurance covers these services. However, you need to buy it before your develop a condition that would require you to be on long term care
How can one get long term health insurance in the US?
One can get long term health insurance in the United States from LTC Insurance and AARP Medical Insurance. One can also get long term insurance from Long Term Care and Kaiser Permanente.
What has the author Valerie VanBooven written?
Valerie VanBooven has written: 'Aging answers' -- subject(s): Insurance, Long-term care, Long-term care, Older people 'The Senior Solution' -- subject(s): Long-term care, Long-term care insurance, Older people
What factors should be considered when buying long term care insurance?
One should consider the length of the long term care insurance as well as the monthly cost and if one's income can support this. It is also important to find out of this type of insurance suits one's life.
Is long term care insurance the same as long term disability insurance?
Long-Term Care insurance protects asstes, disability income protects incomeNo, long term care insurance covers all the costs of a caregiver that is not covered by Medicare, Medicate and disability insurance. These services are quite extensive and expensive.
