Even if you haven’t given long term care much thought you should. Long term care is not long term disability insurance. It is for care given in a nursing home in the event of an accident or when you can no longer care for yourself and need to be placed in a nursing home. Long Term Care in Macon GA is very expensive and having the insurance that you need to cover those expenses will help to protect your assets for your partner or your children. When you do not have insurance for long term care, you will have to pay out of pocket for the services of a nursing home or in your own home.
The biggest reason to consider Long Term Care in Macon GA and purchasing insurance is because it keeps your premiums lower the earlier you purchase it. It also provides a higher payout on your care when you’re older. The best time to purchase long term care insurance is in your 50’s. If you wait until you’re in your 60’s or 70’s, your return on your insurance premiums is much lower and you’ll pay a much higher rate. Click here for more information.
You should also consider purchasing long term care insurance whenever you’re healthy. If you have a pre-existing condition and attempt to purchase long term care insurance, you can be denied. It is not the same as health insurance. This can become confusing with all the news coverage on the recent changes in the health care laws. You can also be denied long term care insurance if you’re in poor health.
Purchasing insurance also gives you the opportunity to decide where you will spend your older years. If you want to stay in your home but need assistance with everyday tasks, long term care insurance will pay for help to come to your home. You should consider long term care insurance for yourself for peace of mind. Purchasing it at an earlier age through Stone Insurance Agency Inc. will let you review the options available to you. They can discuss the various levels of coverage and premiums while you’re still in good health so you can determine your own care in your older years.
