Benefits of Long Term Care Insurance

Not many people think about long-term care insurance and if they did it would be much easier for themselves and on their families, eventually, everyone becomes elderly and is no longer able to care for themselves. The agents at Alliance Insurance Partners in Scottsdale, AZ have helped enough people to be able to attest to the fact everyone should have long-term care insurance.

The basic idea of long-term care insurance is to have the financial means to pay for long-term care at home or in a facility. There is a pre-selected amount of money that can be used per day, so if care is provided in the home the family can decide what hours a provider will come in and care for their loved one. If they are in a facility it is different, and the resident is charged the amount, and then they may have to pay out of pocket for the remainder if there is any.

What Long-Term Insurance Covers

Home care, nursing home care, respite care, hospice care, Alzheimer’s care, physical therapy, occupational therapy, adult daycare for people who only need someone to care for them during the day because they live with family who takes care of them the rest of the time.

You must be evaluated by a health care professional before you can begin to use your long-term care benefits. You must meet certain criteria before the ‘trigger’ sets in which means you have to wait 30 days before you begin receiving the benefits of the insurance. It’s very important to make sure you have the correct things in your policy so when the time comes you have everything you need.

If you think long-term insurance coverage would be ideal for yourself or your parents then call Alliance Insurance Partners in Scottsdale, AZ to set up an appointment.