Long-Term Care

Long-Term Care (LTC) insurance is designed to help cover the cost of extended care services
that are not typically covered by traditional health insurance or Medicare. These services may
include assistance with everyday activities such as bathing, dressing, eating, and mobility,
whether care is provided at home, in an assisted living facility, or in a nursing home. As people
live longer, the likelihood of needing some form of long-term care increases, making this
coverage an important consideration for protecting both health and financial well-being.

LTC policies are generally triggered when an individual is unable to perform a certain number of
activities of daily living (ADLs) or experiences cognitive impairment, such as dementia. Once
eligible, the policy can help pay for a range of services, depending on the plan design, including
in-home care, adult day care, and facility-based care. Policyholders can customize benefits such
as daily or monthly coverage limits, benefit duration, and optional inflation protection to help
keep pace with rising care costs over time.

Incorporating long-term care insurance into your overall financial plan can help preserve
savings, reduce the burden on family members, and provide greater flexibility in choosing how
and where care is received. Without coverage, the high cost of extended care services can
quickly erode retirement assets. LTC insurance offers peace of