Long term care

With people living longer and health care costs continuing to rise, it's more important than ever to have a strategy in place to help financially prepare you for for the costs of long-term care. While it isn’t the easiest thing to talk about, the odds are most of us will need some sort of care assistance.

Like most types of insurance, long-term care coverage is designed to help protect your personal and financial well-being. But before you can decide whether it's an appropriate option for you, the first step is to be sure that you have a clear understanding of what long-term care involves.  Most often, long-term care encompasses custodial care - as opposed to skilled nursing care - meaning the support and assistance a person receives with activities of daily living (ADL). These might include bathing, dressing, eating, toileting, and transferring.

The necessity for long-term care - whether as a result of normal aging or due to illness or injury - can create significant anxiety and stress for you, as well as for family members and loved ones. While it may be hard right now to imagine yourself ever needing help with such basic activities, the choices you make now can help ensure that you're able to maintain the independence you want later. And the younger you are, the more options you're likely to have available to address your specific requirements.

An approach designed around you

Long-term care coverage is a key element of any risk management strategy - not to mention an important component of a comprehensive retirement or wealth management plan. We take a highly personalized approach to creating a framework for insuring your future - with the relationship we maintain with you at the foundation.

As your guide, we take the time to understand your unique priorities and wishes. This process may incorporate discussions about personal health issues or concerns. While we recognize that this can be unsettling, our goal is to identify alternatives that can provide the safety net you need and the flexibility you want - at an affordable cost to you.

We consider such things as the type of care you may require and your preferences about where you would like to receive this care - whether it be in your home or in an assisted living, adult day care, or nursing home setting.

We work with you every step of the way to help ensure that the process is smooth, in order to develop a long-term care plan that's well-coordinated with any other risk protection policies you may have and compatible with your overall financial picture.

Connect with an Advisor:

Call:  507-281-8429

The cost and availability of Long Term Care insurance depend on factors such as age, health, and the type and amount of insurance purchased. As with most financial decisions, there are expenses associated with the purchase of Long Term Care insurance. Guarantees are based on the claims paying ability of the insurance company.