Long-Term Care Insurance
People are living longer than ever before. Although that’s good news, the odds of you requiring long-term care increase as you get older. The cost of home care, nursing homes and assisted living are rising rapidly, leaving millions of people wondering how they will pay for care that they need, especially since Medicare or other insurance policies will not cover most long-term care costs. The effect of a long-term illness or disability on retirement savings can be devastating without protection.
Long-term care insurance is designed to pay for the cost of your care in a variety of settings, including a nursing home if you can no longer care for yourself independently. Long-term care policies vary widely in their coverages, limitations, and exclusions, but can offer flexibility that will enable you to keep your retirement nest egg secure.
Please contact us for more information on how to protect yourself against long-term care costs.
All Securities through Money Concepts Capital Corp.,
11440 N Jog Rd.
Palm Beach Gardens, FL 33418
Itasca Bank & Trust Co. is an independent firm not affiliated with Money Concepts Capital Corp.
Not a Deposit. Not FDIC Insured. No Bank Guarantee. May Lose Value. Not Insured by any Government Agency.