Long-Term Care Insurance
Helps cover the cost of care and protects your retirement savings if you need ongoing support later in life.
What it’s for
Long-term care coverage can help pay for in-home care, assisted living, or facility care if you’re unable to manage some of the activities of daily living. For example bathing, eating, toileting & cognitive.
- Helping you stay at home longer with funded support
- Reducing reliance on family members for day-to-day care
- Supporting the cost of ongoing care, often for months or years
- Protecting retirement savings from being depleted
Key decisions
- Daily benefit amount
- Benefit period: 2 years, 5 years, or lifetime
- Waiting period before benefits begin
- Inflation protection (optional)