Long-term care – the basic activities of daily living such as dressing, bathing, eating, walking

– of an infirm family member of any age often is not covered under health insurance plans, and without

it, the cost of caring for that family member can quickly become a financial burden. With a longterm

care plan, you can focus on your needs without worrying about long-term cost.

Questions to ask when selecting a Long Term Care plan:

• If I become ill and need long term care, will I be able to pay for my non-medical expenses?

• If I can no longer live independently, will I be able to afford a nursing home or assisted

living facility or even hospice care?

• Will I be able to stay in my own home and have coverage for in-home care such as a

nurse or other caregiver?

• At what age should I consider buying a plan?

• Does my age when I sign up for the plan make a difference in my premiums?

• If I pay into a plan, will the company I choose still be around when I need the benefits?

• What if I pay into a plan but never use it?

• How do I know if I should buy inflation protection?

• Are my benefits taxable?

• Are my premiums tax deductible?

• Why do I need a long-term care policy? Doesn't Medicare cover everything?

• Will my policy cover both me and my spouse?

• Do I need to buy a lifetime policy?

• Do my assets make a difference in my coverage?