It might be hard to imagine now, but chances are you’ll need some help taking care of yourself later in life. The big question is: How will you pay for it?
Did you know that you can purchase a life insurance policy with a long term care rider? This is a great product because it can be used for both life and long term care insurance if it is needed.
A long-term care insurance policy can help cover the costs of that care when you have a chronic medical condition, a disability, or a disorder such as Alzheimer’s disease. Most policies will reimburse you for care given in a variety of places, like in your home or a nursing facility.
Considering long-term care costs is an important part of any long-range financial plan. Get the information you need to help protect your family, your assets, and your future.