Individual & Family Long-Term Care Insurance

As you get older, you may need help with things you’ve always been able to do yourself – shopping for groceries, cooking meals, cleaning the house. You may also need help with personal services, like bathing, dressing or taking medications. A family long-term care insurance policy is designed to help you pay for these types of services.

The phrase “long-term care” refers to the help that people with chronic illnesses, disabilities or other conditions need daily over an extended period of time. The type of help needed can range from assistance with simple activities (such as bathing, dressing and eating) to skilled care that’s provided by nurses, therapists or other professionals.

Employer-based health coverage will not pay for daily, extended care services. Medicare will cover a short stay in a nursing home, or a limited amount of at-home care, but only under very strict conditions. To help cover potential long-term care expenses, some people choose to buy a family long-term care insurance plan. Our expert insurance agents at Shelton Insurance will help you decipher the growing list of family long-term care insurance qualifications to find the best coverage for you. We can also help you find long-term care insurance for your parents.

Individual and Family Long Term Care

Since you can’t predict what your future long-term care needs will be, you may want to buy a policy with flexible options. Depending on the policy options you select, family long-term care insurance can help you pay for the care you need, whether you are living at home or in an assisted living facility or nursing home. The insurance might also pay expenses for adult day care, care coordination and other services. Some policies will even help pay costs associated with modifying your home so you can keep living in it safely.

Most policies have some type of limit to the amount of benefits you can receive, such as a specific number of years or a total-dollar amount. When purchasing a family long-term insurance policy, you select the benefit amount and duration to fit your budget and anticipated needs.

Factors we’ll help you consider when thinking about Family Long-Term Care Insurance:

  • Your age and current health, including pre-existing conditions
  • The premiums across your policy length
  • Your income now and in the future
  • Your support system and their involvement
  • Your savings and investments​
  • Your taxes and tax benefits​

Policies may cover the following care arrangements:

  • Nursing home: A facility that provides a full range of skilled health care, rehabilitation care, personal care and daily activities in a 24/7 setting.
  • Assisted living: A residence with apartment-style units that makes personal care and other individualized services (such as meal delivery) available when needed.
  • Adult day care services: A program outside the home that provides health, social and other support services in a supervised setting for adults who need some degree of help during the day.
  • Home care: An agency or individual who performs services, such as bathing, grooming and help with chores and housework.
  • Home modification: Adaptations, such as installing ramps or grab bars to make your home safer and more accessible.
  • Care coordination: Services provided by a trained or licensed professional who assists with determining needs, locating services and arranging for care. The policy may also cover the monitoring of care providers.
  • Future service options: If a new type of long-term care service is developed after you purchase the insurance, some policies have the flexibility to cover the new services. The "future service" option may be available if the policy contains specific language about alternative options.

Ready to get long-term care insurance for your family? We’re here to listen to your questions and help you get answers. Sometimes talking over the phone is easier. Call us at (831) 637-8941.