Long Term Care Insurance
Long-term insurance care insurance coverage can help pay for home health care, nursing home costs, adult day care and other qualifying services. Benefits are paid tax-free after qualifying conditions are met.1 If you never need long-term care, your beneficiaries will receive your death benefit, tax-free.
What does long term care insurance cover?
Long term care insurance can help pay for:
- Home health care
- Nursing home costs
- Assisted living facilities
- Adult daycare
- Home modifications (such as outdoor ramps or grab bars for bathrooms)
- Care coordination
If you’re interested in long-term care, you may want to consider life insurance policies that let you purchase a long-term care rider at an additional cost.