Long Term Care Insurance

The US Department of Health and Human Services predicts 70% of the US population will need some form of Long Term Care. Currently, only 2.5% (8.1 million) of Americans are protected by long-term care insurance.

Are you prepared?

Buying Long Term Care Insurance provides protection for your finances and assets.

The sense of security and peace of mind is priceless. As of 2014, the Average National Annual Long Term Care costs were as follows:

  • Home Care: $44,616
  • Adult day Health Care: $17,904
  • A one bedroom Assisted Living Facility: $43,200
  • A private Nursing Home Room: $80,300

In metropolitan areas such as New York City, Washington DC, etc. these costs can be 50-75% higher than the National averages!

Why choose McLean Insurance for your Life Insurance Needs?

  • Personalized Service – You will be treated as family and not a number. Plus, we are local, active in the community and have a good understanding of long term care insurance needs in the local area
  • Trusted Advice – Licensed insurance agents with over 50 years of combined experience in long term care insurance work closely with you to determine needs; discuss the right type of coverage for you and help ensure that you won’t end up being under or over insured.
  • Independent Focus – We work with over 50 top life insurers and can help you select the best pricing, coverage, and underwriting for your needs.
  • Thorough approach – We fact-find thoroughly at the beginning of the process in order to ensure that our initial recommendations are realistic and attainable

Already have long term care insurance but wondering if it’s adequate? Call us at 703-790-5770 to discuss your your current coverage, needs and situation with a McLean expert.

What does Long-Term Care Cover?

Long Term Care Insurance pays for services that involve assistance in basic daily activities. For instance, bathing, eating, moving from a bed to a chair, going to the bathroom, etc. These services are referred to as custodial care and can be performed by a family member or a paid caregiver.

Skilled care may be needed when recovering from an illness or injury. Care can be administered in different settings and long-term care insurance can cover each type of facility. Facility types include:

  • In-home care
  • Nursing home
  • Adult day care
  • Assisted living
  • Elder care communities

How does Long-Term Care Work?

It is important to remember Health Insurance and Long Term Care Insurance are totally different. ‘Health’ Insurance covers doctor visits, treatment, hospitalization and prescriptions. ‘Long Term Care’ Insurance applies to people with continuous illnesses, disabilities or other conditions that need daily assistance over an extended period of time.

If you ever need long term care due to an unexpected illness, injury or aging you will be thankful that you invested in a Long-Term Care Insurance policy. Your Long Term Care Insurance policy will become effective in the event that you need assistance with regular day activities.

Long Term Care Insurance allows you to maintain your independence without troubling your friends or relatives.

There are a variety of Long Term Care Insurance policies and McLean Insurance will work with you to create a customized plan that best fits your situation. Factors we consider are your current age and health, premium costs, your net worth and your income.

Request a quote For Long Term Care Insurance