Long Term Care Options (LTC)
AGIS Network specializes in finding LTC options that fit your needs.
GET IN TOUCH
Help Protect Your Family,
Future and Finances
At any point in your life, you may need LTC services, which could cost hundreds of dollars per day.One solution doesn't work for everyone. So, understanding the different types of Long Term Care insurance is essential for successful financing of Long Term Care needs.
How We Can Help
AGIS Network’s LTC specialists are here for you. Rely on our experienced team to learn what options fit your needs with no obligation. AGIS represents multiple top-rated insurance carriers, and we provide options so you can select the plan best suited for you or your spouse/partner.
Personalize an action plan to safeguard your family, finances, and future!
- Health and disability insurance do NOT cover LTC expenses.
- Often people wipe out their retirement savings and other assets to fund in-home care.
- Avoid relying on family, friends or neighbors for daily help and assistance which may not be adequate, convenient, or even possible.
- States are starting to propose, and some may potentially enact, legislation that creates new taxes for individuals if they do not own private LTC insurance.
- The sooner you apply, the better! Premiums are based on your age at application. Typically, the younger you are, the healthier you are, which makes it easier to be approved for coverage.
What is Long Term Care (LTC) Insurance?
We all might need a little extra help some day as the result of an accident, illness, or age. LTC insurance is designed to pay the cost of extended professional caregiving. Most LTC is non-medical; it includes assistance with activities such as taking a bath or moving from a bed to a chair, or caring for someone with severe cognitive impairment.
The Basics of Long Term Care Insurance
What is Permanent Life
Insurance With LTC?
Many of us have group term life from our employer and potentially some “supplementary” group term life insurance. Those policies protect us for an “unexpected death” during our working careers. Permanent Life insurance is life insurance we take into retirement at the same cost as when we were working, but it is for our “expected death” late in our golden years.
Too many employees have no life insurance when they retire, this program solves that problem. We might not need as much life insurance as when we were working, but it is likely we want/need more than zero. And this policy will pay LTC benefits should those be needed and still maintain a death benefit that pays out later whether we use the LTC benefits or not.
Life w/LTC Insurance
What is Short Term Care (STC) Insurance?
Like Long Term Care insurance, Short Term Care insurance plans help with home care, assisted living, and nursing homes, and usually offer benefits for up to a year.
The Basics of Short Term Care (STC) Insurance
Media
For full screen double click on the video.
See What Others Are Saying
My mom and stepfather had to sell their home and move closer to family because they can’t afford to put my stepfather into memory care. If they had planned for Long Term Care expenses, they could have paid for a home health aide and remained in their home.
CLICK HERETO READ MORE
Shontee
Watching my dad’s decline made us realize the value of Long Term Care Insurance—don't wait to secure your peace of mind.
CLICK HERETO READ MORE
Ian
My parents were elderly, but they seemed to be getting around fine on their own. After my dad fell and tore his meniscus things changed. My dad could no longer move around the house and take care of himself, and we knew my mom couldn’t take care of him alone. I’m grateful they had Long Term Care Insurance as it gave them and us children peace of mind. Their policy helped get them into an assisted living home which allowed my dad to get the custodial care and assistance he needed without relying heavily on the family to take care of him.
CLICK HERETO READ MORE
Joyce
After my mom took care of my dad for several years, she went out and bought LTC Insurance for herself. She even had the foresight to choose the inflation option. With that insurance, Mom was able to “keep her independence” (as she put it), by having 8 to 16 hour a day home health care for many years. Mom and we kids were ever so thankful that she had that insurance!
Pat
At 27 I was getting married, well entrenched in my career path, and making all the adult decisions in life. One of those decisions was to purchase a Long Term Care policy. I had no chronic conditions, no concerns about impending disease nor did I think I would need the policy until well into the future (like my 401k). At age 39 this dramatically changed. I couldn't write, my balance was off, and I was seeing double – this was diagnosed as Multiple Sclerosis. My early decision of preparing for the future meant I have total choice on how I receive care, and it also means I do not burden those I love with care needs. If I had waited to purchase a policy until I was 40, I would have been uninsurable.
Laura
Long Term Care Insurance is vital but often overlooked. It protects individuals and families from the financial and emotional stress of providing care for a loved one. A lack of coverage can burden families, as seen with my brother-in-law's situation. Having a policy allows for professional care, reducing the family's load. Planning with Long Term Care Insurance ensures quality care and peace of mind.
CLICK HERETO READ MORE
Mark
People with adequate cash flow and/or Long Term Care Insurance can remain in their home and avoid nursing homes. My mother’s Long Term Care Insurance policy combined with her Social Security and investment income provided her with the necessary income to remain safe in her home during COVID – at a time when nursing home residents were dying at record levels.
CLICK HERETO READ MORE