Brian Fleury assists in answering this week’s FAQ. Brian joined The Prewitt Group in 2019 as a Personal Lines and Small Commercial Distribution Leader.
Long-term care insurance helps pay for a wide range of services for those who need it and is mainly designed to assist with costs of custodial and personal care. While most of these services do not include the cost of medical care, coverage can include staying in an assisted living facility, nursing home, or adult day care. These policies pay for the cost of care due to chronic illness, an injury, or a disability. Often, just the effects of aging requires people to need help, and long-term care coverage can help.
As you go through your financial planning process, it’s important to understand long-term care costs as you approach retirement age. We have risk advisors that can walk you through this process and make sure that you are covered properly.