Long-Term Care Insurance
People are living longer these days, but as life expectancies increase, so does the risk of serious health problems that could require long-term care. In fact, at retirement age, 70% of Americans will need long-term care and 40% will enter a nursing home.1 And with the average cost for nursing home care in a semiprivate room equating to more than $91,250 per year, that could literally cost most or all of your life’s savings.2
Like most people, you probably recognize the need for long-term care insurance. You’re also probably wondering:
- How much does Long-Term Care Insurance cost?
- What does Long-Term Care Insurance cover?
It's not simply "nursing home" coverage, but insurance that helps assure you of continued independence as you age - without depleting the personal assets you've worked hard to acquire. But choosing the right protection from the many plans available can be a daunting task.
Long-Term Care Resources has partnered with the ABA Insurance to offer a comprehensive Long-Term Care Insurance Program. Members are entitled to a special discount on certain LTC plans available through this program. Click Here to learn more about the Long-Term Care Insurance program today.