For seniors, remaining independent at home is often a top goal for their retirement years. For all of us, it’s important to plan for our golden years so that we can have the retirement we want. Long term care insurance is an important resource for all families to know about, and at Golden Heart, it’s a resource many of our clients use.
Golden Heart’s Dayton agency is staffed with licensed, bonded, insured, and top-quality in-home caregivers. When you’re ready to start working with us, a care coordinator will help you through our intake process so that we can learn about your loved one, their home, their unique health circumstances, and their goals for the future. We offer comprehensive in home care services, customized according to your budget and schedule.
We’ve heard from many clients that reducing out-of-pocket expenses for the in-home care they need is a top priority. Long term care insurance can help many families achieve that. Golden Heart is pleased to accept many kinds of long term care insurance, and we’ll help you understand your insurance benefits, public benefits you can access, and any other kinds of assistance that may be available to you.
Long term care insurance tends to be offered by the same kinds of companies that offer life insurance. It is specifically designed to cover in-home senior care that is needed for seniors to remain healthy, safe, and comfortable in their homes. That includes meal services, transportation services, and in-home healthcare services. It can be used by folks of all ages, especially when an accident or injury has taken place, but it is most commonly used by seniors who are planning for their golden years.
The right time to think about long term care is before you need it. One major reason is that the earlier you apply for your insurance policy, the more likely you are to get approved. When you apply for coverage earlier in life, you have more of an opportunity to spread the cost of the policy out for additional years, which can result in lower premiums. Looking at retirement planning early in life can have several benefits for you and your family, and the possibility of lower costs for long term care insurance is one of them!
Working with a broker or another trusted resource is important because there are many different kinds of long term care insurance. If you have chronic or long-term health conditions already, your doctor may be able to provide specific recommendations for the kind of care you should look for. Your insurance broker will provide an application for the long term care product you select; you’ll pay a monthly premium, and when you’re ready to start receiving your benefits, you’ll fill out an application for that too.
At Golden Heart, we know there’s nothing more important than family. Understanding long term care insurance can help your family make sure that your parents or other aging loved ones have the resources they need to make the most of their golden years. Call our local office serving Dayton, OH and the surrounding areas today at (937) 528-1962 to learn more.