Long Term Care
Long-term care can be extremely expensive. That's why it's important to protect yourself in the future. Make sure your long-term care is accounted for in the unfortunate event you become ill, disabled or suffer from cognitive impairment. Risk factors include life expectancy, gender, your family situation and health history.
Long-term care insurance is designed to cover long-term services and support, including personal and custodial care. It can cover the cost of care on your home or another facilities. The cost of your policy depends on a number of factors, including your age when you buy the policy, the maximum cost and years a policy will pay, and any optional benefits, such as those that account for inflation. Typically, the younger you are when you buy it, the less expensive your policy is.
If you're looking to for a long term care insurance policy, talk to a CU Companies representative who will be happy to discuss your options.
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