Supporting Aging in Place
There’s a widespread misconception that long-term care insurance is only for people who plan on moving into a nursing home or assisted living facility. That’s not exactly true. It is true that some plans only provide coverage if you move into one of these facilities, but there are plenty of other plans that can help you age in place. These plans can come with coverage features like:
- Home renovations: Some long-term care insurance policies may help with the cost of home renovations to make your home more accessible as you age. For example, these policies may help with the cost of installing a ramp to your front door or handles in your bathroom.
- Equipment: Long-term care insurance policies may also help cover the cost of the equipment that makes it possible for you to age in place.
- Care: Long-term care insurance can help cover the cost of home healthcare as well. It could even pay your family members to provide your care.
Investing in a long-term care insurance policy now can help you secure your plans for supporting aging in place. To get started, connect with a certified Long-Term Care specialist at www.calendly.com/jimbetter. Find more resources in our blog.