Long-Term Care Insurance Agency
Serving Northern NJ
Few of us have the financial resources to pay for the ongoing care we might need in the event of a serious illness, injury, or disability. Over the course of a lifetime, you save and invest to meet many goals. By making long-term care insurance a part of your financial plan, you’re taking an important step toward meeting those goals.
When considering long-term care, consider the following:
What You Need to Know
The Bottom Line
Call 973-635-9494 to learn more about long-term care or request a free long-term care insurance quote right on our website.
Providing quality, affordable long-term care insurance to the residents of Chatham, Madison, Summit, Livingston, Florham Park, Springfield, Short Hills, Morristown, Berkeley Heights, Millburn and all of Northern NJ.
What You Need to Know
According to the Congressional Budget Office, on average, one year in a nursing home or 24-hour home care can cost more than $66,000 today. With costs increasing about 4% per year, this care could cost $150,000 to $250,000 per year in 20 to 30 years. Plan ahead. Consider the following when thinking about Long-Term Care:
- A serious accident or illness can strike at any age and many people mistakenly believe they are already covered.
Long-term care insurance pays for personal assistance with activities such as eating, bathing, using the toilet, and moving around – or for supervision due to cognitive impairment. The goal of long-term care services is to help you maximize your independence and functioning at a time when you are unable to be fully independent. This assistance is not typically covered by health or long-term disability insurance. Don’t only rely on government programs. Medicare only pays for short periods of care and Medicaid only covers the very poor.
- Your age and health make a difference.
Protect your financial security while you are healthy enough to qualify for coverage. Premiums are based on your age and health when you apply. Act now. The younger and healthier you are, the more affordable your insurance can be.
Call us today at 973-635-9494 to talk to a financial specialist or request a free quote through our website.
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The Bottom Line
One thing is certain: the potential need for long-term care is a risk that all Americans face—and one that can take a heavy toll on your family and your wallet. Without proper planning or coverage, many people are forced to spend money they had set aside for retirement or rely on their children to help pay the bills. Plan ahead; make long-term care insurance a part of your financial plan.
Act now. Call 973-635-9494 today to find out more about long-term care insurance or request a free quote online.
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