Home Page Contact Us Request A Quote Report A Claim Pay My Premium
Home > Long Term Care > Long Term Care FAQ
  • Main Menu
    • Home Page
    • Secure File Area
    • File a Claim
    • Refer a Friend
    • Important Links
    • Calculators
    • Insurance Glossary
    • Location Map
    • Contact Us
    • About Us
    • Privacy Policy
  • Automobile
    • Automobile Insurance Home
    • Auto Insurance Quote
    • Request ID Card for Auto Policy
    • Remove Vehicle from Existing Auto Policy
    • Auto Accident Claim
  • Homeowners
    • Homeowners Insurance Home
    • Homeowners Insurance Quote
    • Property Loss Claim Form
  • Renters
    • Renters Insurance Home
    • Renters Insurance Quote
  • Motorcycle
    • Motorcycle Insurance Home
    • Motorcycle Insurance Quote
    • Motorcycle Accident Claim
  • Business & Commercial
    • Business & Commercial Insurance Home
    • Commercial Auto Insurance Quote
    • Add Vehicle to Existing Commercial Auto Policy
    • Remove Vehicle from Existing Commercial Auto Policy
    • Add Driver to Existing Commercial Auto Policy
    • Remove Driver from Existing Commercial Auto Policy
    • General Liability Quote Form
    • Request General Liability Certificate of Insurance
    • Commercial Auto Accident Claim
    • Business Owners (BOP) Quote Form
    • Builders Risk
    • Liquor Liability Quote Form
    • Workers Compensation Quote
  • Bonds
    • Bonds Home
    • Bond Request Form
  • Limousine
    • Limousine Insurance Home
    • Limousine Quote
  • Health
    • Health Insurance Home
    • Health Insurance Quote
  • Recreational Vehicle
    • Recreational Vehicle Insurance Home
    • Recreational Vehicle Insurance Quote
  • Vision
    • Vision Insurance Home
    • Vision Insurance Quote
  • Life
    • Life Insurance Home
    • Life Insurance Quote
  • Flood
    • Flood Insurance Home
    • Flood Quote Form
  • Trucking
    • Trucking Insurance Home
    • Truck Quote Request
  • Watercraft & Boat
    • Watercraft & Boat Insurance Home
    • Watercraft Insurance Quote
    • Watercraft Accident Claim
  • Other
    • Other Insurance Home
    • Policy Review Request

Choose a topic:
Auto Insurance Home Insurance Umbrella Liability Insurance Fraud Long Term Care

Long Term Care FAQ

With costs approaching and frequently exceeding $30,000 annually, this is an area of concern to all, especially those who have been successful in accumulating significant assets.

Extensive planning is often done to conserve these assets and protect them from high estate taxes. It is equally important to consider the effect a long-term stay in a nursing home can have on an estate. Death taxes and a long-term illness can exhaust accumulated assets. To avoid having to "spend down" assets before government programs (Medicaid) will pay for long-term care, a long-term plan may be purchased that will provide the dollars necessary for care. As with most types of health insurance plans, the premium increases as we age and the risk increases. 

Optional benefits such as home health care are available for an additional premium. As in any estate planning situation, with long-term care the earlier one starts in planning the solution, the lower the cost.

Individuals who have been successful in accumulating an estate should be careful in planning for estate taxes and long term care costs. We would be happy to talk with you about the need, the benefits and the costs as they would apply to your situation. Please give us a call.

Home Page Our Products Service Center Companies Links Glossary Blog Contact Us