You can’t predict the future, but you can prepare for it. How will you pay for the unexpected accident or illness that requires a short stay in a nursing or assisted living facility or for Home Health Care, Adult Day Care or Hospice Care? The cost of Long Term Care is often expensive, and to many, not affordable. Short Term Care is a dependable option that can be budget-friendly. While policies vary by carrier, the following are examples of coverage in a Short Term Care policy:
You may work full-time and have major medical insurance. You may have Medicare, maybe even a Medicare supplement policy. Will your current coverage pay for these kinds of care? Does it pay all expenses or only a percentage?
Regardless of the kind of insurance you have, short-term insurance can help protect your financial future. You could use your savings or retirement income to help pay for your recovery, or you can rely on an insurance plan to help you protect your assets, rather than exposing them to risk.
These are individual policies that are simple to use and understand. They can be tailored to fit your needs and budget.