Long-term Care Insurance
Long-term care insurance is a type of coverage that helps pay for services you may need as you age or if you become unable to care for yourself due to illness or disability. This can include assistance with daily activities, like bathing, dressing, or eating, as well as costs for nursing homes or in-home care. Unlike regular health insurance, which covers medical expenses, long-term care insurance focuses on personal care services. By investing in this insurance, you can protect your savings and ensure you receive the care you need in the future without financial strain.
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Long-term care insurance is a type of coverage that helps pay for services needed when you can no longer perform basic daily activities, like bathing or dressing, due to illness, injury, or aging. It can cover expenses related to in-home care, assisted living, or nursing homes. This insurance is important because medical insurance and Medicare typically do not cover long-term care costs. By having this policy, you can protect your savings and ensure you receive the care you need while maintaining your independence and quality of life as you age.