Long Term Care Insurance

We are LTC Tree, and we provide Long Term Care Insurance quotes, rates, reviews, ratings, company comparisons, and other information that will help with your decision regarding Long Term Care.  

Long Term Care Insurance is more than just retirement planning. It removes the worry of having to earmark your nest egg for the uncertainty of needing Long Term Care so you can enjoy doing the things that make you happy.

Long Term Care Insurance Facts

• Harvard Magazine says that women are living an average of 81.2 years and men are living an average of 76.1 years. Advancements in medicine increase the chance that a person will need Long Term Care.  More LTC statistics.
   
• New England Journal of Medicine reports that about 51% of people 65 years and older will eventually need Long Term Care services.
   
• The Wall Street Journal states that a staggering 55% of seniors 85 and older have Alzheimer’s or some other form of dementia, the number one reason for needing Long Term Care. 
  WSJ also reports that even children are buying long term care insurance for their parents.

The average US citizen is living longer because of modern health technology.  This is increasing the likelihood of one needing Long Term Care at some point during their life. In addition to Alzheimer's and dementia, other degenerative diseases such as obesity, diabetes, stroke, heart problems, cancer, bone fractures and Parkinson's Disease may also create the need for Long Term Care services.

What Long Term Care Insurance Pays For

Long Term Care Insurance benefits can be used to pay for Home Health Care, Assisted Living Facilities, Adult Day Care, and as a last resort, Nursing Homes. In fact, 72% of all claims are paid for home health care, where an aide comes to your home to help with with your Activities of Daily Living and also provide help with cooking and cleaning.

The Problem: High Cost of Long Term Care

Consider the high average annual cost of Long Term Care:                                                

• Nursing Home - $83,179
• Assisted Living Facility - $45,000
• Home Care - $39,784

The Solution: Planning Ahead

The high cost of receiving Long Term Care can erode your nest egg that you've worked so hard to save.  With the average stay in a nursing home at 2.9 years, it adds up to an average cost of $241,219 per person or $482,438 for a married couple.  And that is figured at today's costs. Inflation will likely triple that cost in 30 years.  Long Term Care Insurance should always have inflation protection.

What if you could protect yourself from the greatest financial risk you will face in your retirement?  With Long Term Care Insurance, these costs can be covered.  Imagine how relaxed you'll feel knowing that you planned ahead and are protected.

LTC Tree's assistance was invaluable in helping us decide which Long Term Care Insurance policy was best for us, while saving us money and providing peace of mind. -Kelly W.
» More testiomials

Get your Long Term Care Insurance rates and quotes below.

 Maintain your independence by receiving home health care in the comfort of your own home

Protect your nest egg (IRA's, 401K, CD’s, Stocks). Avoid depleting your investments, losing your home, and then receiving substandard care from a Medicaid-welfare nursing home.

 Avoid being a burden on your family.  Improve your quality of life and reduce stress.