What to Consider
You may want to consider a long-term care policy if you want to:

  • Help preserve your financial independence and avoid relying on family or friends for support.
  • Help protect the savings and investments you have spent a lifetime accumulating.
  • Help keep your options open when long-term care is needed and maintain freedom of choice in determining how and where you receive care.

Once you have decided to purchase a long-term care policy, examine the policies available in your state and compare your needs with the benefits offered. For example, if you have a family member who is willing and able to provide your care, select a policy that has such a provision. Questions to consider include:

  • Where would you like to receive your care?
  • Whom would you like to provide it?
  • Do you have any special needs to consider?
  • What is your income level and source, and do you expect it to change?
  • Will you require options for a spouse?

It is also important to be aware that your health may be evaluated in the application process. There are factors that can determine whether or not you will be approved for a policy. They can also impact the rates you will pay. These include:

  • Your height/weight
  • Your age
  • Any medical conditions you may have
  • Any treatments you may have had
  • Any medications you may be taking


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Long-Term Care Insurance
  Long-Term Care Insurance Benefits
  Types of Long-Term Care Insurance
  What to Consider

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