Long Term Care Insurance

What is long-term care?

Long-Term Care Insurance has become an important consideration for everyone's financial plan due to the increasing costs of long-term care services.

Long-term care addresses a wide range of long-term care and supportive services for people who may have cognitive impairment or who are unable to accomplish certain activities of daily living over an extended period of time. These can include activities such as bathing, continence, dressing, eating, toileting, and transferring (e.g., moving from a bed to a chair).

Long-term care services can be provided in a variety of settings, including your home, assisted care facilities or nursing homes; and it can be very expensive.

Some Options

Self-insure. This means you would pay-as-you-go and use your own assets to pay for required long-term care. The risk is that this money you've worked for all of your life—your savings and investments nest egg—could be depleted due to the high costs of long-term care.

Rely on care from friends and family members. This involves many complications, including their time, their skills, their physical strength, their financial ability to care for you, the emotional toll on both the caregiver and the care receiver, and the challenge of geographic distances.

Fortunately, Long-Term Care Insurance can help protect you.

Glossary

This website should be considered an advertisement and is not a contract. Policies are provided by Metlife. The intent of this website is to gather consumer requests for product information, and transfer them in a timely manner to a licensed insurance representative in the state of Texas who will contact the consumer directly regarding their specific needs.