It’s important to carry long-term care insurance. At Colling Insurance Services Inc., we offer long-term care insurance in Lakewood, CO.
The following are three reasons why you should purchase long-term care insurance.
Aging adults are likely to need long-term care at some point.
It’s important to realize how prevalent the need for long-term care is. As adults get older, they become increasingly more likely to require long-term care to get by on a daily basis.
According to some estimates, half of all individuals over 65 will develop a disability and be in need of long-term care before the end of their lives. Even if long-term care is only necessary temporarily, it’s still important to have this health care need covered by insurance.
A standard health insurance policy is not likely to cover all long-term care needs.
Don’t assume that your health insurance policy or the health insurance policy of a loved one included long-term care coverage. In fact, the majority of health insurance policies out there don’t provide coverage for long-term care.
To have the expenses of long-term care covered by insurance, it’s important to invest in a long-term care insurance policy.
Long-term care is very costly out of pocket.
If you or a loved one ends up needing long-term care, the resulting costs can be financially devastating. It’s important to realize how much long-term care costs will be if you find yourself in the situation of having to pay out of pocket. Aging individuals need to be insured for this type of health care cost to avoid financial problems in the future.
If you’re looking for the right long-term care insurance policy, get in touch with us at Colling Insurance Services Inc. We offer long-term care insurance in Lakewood, CO.