Long-term care insurance provides financial assistance to address the long-term care needs of the insurer. The need for long-term care may typically arise due to the aging process, but an individual may also need it due to illness or injury such as cognitive impairment or stroke. Nearly 70% of the older people of 65 and above need help with their routine activities like visiting the doctor, dressing up, eating, bathing, taking medications, etc. General health insurance doesn’t usually provide coverage for this kind of care. In such situations, long-term care insurance is a good option. It helps the policyholder to pay for the routine care assistance services.
At Edison Risk, our experts provide you support for the long-term care insurance needs of your clients. There are different types of long-term care policies available, including facility-only long-term care, comprehensive long-term care policies, etc. We search and identify a range of choices from various insurance providers and provide guidance so that you can assist your clients in making the right decision regarding their future.
