Long Term Care Insurance
The need for long term care can happen to anyone … at any time. Normally, the need for long term care results from a lengthy,
chronic illness or cognitive impairment. However, something as unexpected as an accident or injury could trigger the need.
What is it?
Long term care is a variety of services and supports to meet health or personal care needs over an extended period of time. Most
long term care is non-skilled personal care assistance, such as help performing everyday Activities of Daily Living (ADLs): bathing,
dressing, using the toilet, transferring (to or from bed or chair), caring for incontinence and eating. The goal of long term care
services is to help you maximize your independence and functioning at a time when you are unable to be fully independent.
You may wish to stay in your home and stay as independent as long as possible. Long term care insurance is one option that
helps provide more independence and control over health care decisions.
Who needs it?
Long term care insurance is one option to help you pay for the high cost of future care. Long term care insurance can help
relieve the emotional and financial strains a long term care need can place on you and your family. And, it can give you peace of
mind knowing that you have a plan in place to help protect your assets, preserve your estate, and retain more control and choice
over your future care.
What is covered?
Long term care insurance can help pay for the care needed when someone is unable to do everyday activities such as
eating, getting dressed, bathing, maintaining continence and getting in and out of bed without assistance. Depending on the type
of policy purchased, long term care insurance can provide coverage for long term care health needs in the home, community-based
settings, an assisted living facility or nursing home. The goal is to provide assistance and improve the quality of life for
those with chronic, long-term conditions.
Long term care insurance helps provide you with more independence and control over your health care decisions.
Prefer to speak with someone about long term care insurance?
The purpose of this material is the solicitation of insurance
Related Information
To get started, consider the following options:
- Annuities
Make a long-term investment in an annuity to help accumulate assets for retirement. Designed to provide guaranteed income for
life1, annuities also offer death benefit protection.
- Disability Income Insurance
Help protect your ability to pay living expenses should you become disabled.
- Individual Retirement Account
Access a diversified array of retirement-focused funds.
- Life Insurance
Find the life insurance products that can help provide for your loved ones in the event of your death as well as provide you
access to supplemental income during retirement.
- Long Term Care Insurance
Plan for potential high costs associated with unforeseen long term care needs.
- Mutual Funds
Invest in professionally managed funds to help reach your retirement goals.
- Retirement Management Account
Transfer your qualified retirement savings into a stream of lifetime income while maintaining certain flexibility over your
assets.
Prefer to speak to someone that can help you develop the right financial strategy to meet your needs?
Shares of mutual funds are not deposits or obligations of any bank, are not guaranteed by any bank, are not insured by the
FDIC or any other agency, and involve investment risks, including the possible loss of the principal amount invested.
Before investing in any mutual fund, investors should carefully consider a fund’s investment objectives, risks, charges
and expenses. Fund prospectuses contain this and other information about the funds.
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