Intro to Long Term Care Insurance
As you get older, there’s a good chance you’ll require some type of long term care services.
Long term care provides assistance for you when you can no longer take care of yourself due to an accident, disability, or chronic illness.
Long term care services are not typically covered by health insurance or Medicare and can include: in-home care, nursing home care, assisted living facility care, adult day-care, alzheimer’s unit care and hospice care.
Will you be able to afford long term care?
Long term care services are expensive:
- In 2010, the average cost to stay in a semi-private room
in a nursing home for one year was $74,820.1
- The average cost for a home health aide was $21 per hour.1
- Long term care costs increase about 3 percent per year.2
How can long term care insurance help?
Long term care insurance provides many benefits:
- Helps pay for the high cost of this care
- Protects your retirement savings
- Helps you stay at home for as long as possible
- Helps you avoid becoming a financial burden to your children
COUNTRY Life Insurance Company® offers long term care insurance with a variety of options to meet your individual needs. Contact a local COUNTRY Financial representative to help you understand all your options and determine what policy is right for you.
Why Choose COUNTRY Financial?
When you purchase long term care coverage, it’s important to select a financially strong company you can trust to be there for you when you actually need to use your coverage. Take the next step toward your family’s financial security with long term care insurance from COUNTRY Financial. Contact a COUNTRY Financial representative today for more information or check out our frequently asked questions.
Policies issued by COUNTRY Life Insurance Company, Bloomington, IL.
Coverage not available in all states. Read our Terms and Conditions.
1U.S. Dept of Health and Human Services, http://www.longtermcare.gov, accessed 10/23/12.
2Consumer Price Index Detailed Report, 2012, http://www.bls.gov/cpi/cpi_dr.htm, accessed 10/23/2012.
Policy series: LTC-500, LTC-520, LTC-540. In Idaho, LTC-500(ID12/03); LTC-520(ID12/03); LTC-540(ID12/03).
This is a solicitaion of insurance and a financial representative may contact you. COUNTRY Financial representatives are licensed insurance producers.