Long Term Care Insurance

BK Insurance & Financial Services, Inc. provides long term care insurance (LTCI) to individuals in Ravenna, Kent, Streetsboro, Stow, Aurora, Rootstown, and surrounding areas.

While you are young and healthy, surrounded by family, it’s hard to imagine a day when you may be older, alone, and without helping hands to assist with everyday tasks. It’s true too that health crises and injuries know no age limits, and any one of us could find ourselves impaired or disabled at any time. But planning in advance with a solid long term care insurance policy ensures that you will be able to provide for your own personal care wishes, whatever the future brings. 

You already have health insurance, but long-term care needs aren’t typically covered by  standard health insurance policies. LTCI comes in to bridge the gap between the care you prefer or need and what health insurance covers. Traditional health insurance takes care of your medical needs, but long term care insurance addresses care related to personal needs, which may include:

• skilled in-home nursing care
• occupational, speech, physical, and rehabilitation therapy
• eating, dressing, bathing, bathroom access, transferring, and other mobility assistance
• homemaker services, such as cooking and cleaning services

When they can no longer safely live independently, some individuals still prefer to age in place, at their family home. Others may opt for care in a nursing home or assisted living facility. Adult day care is also an option. No matter which you might prefer, getting the in-home or facility assistance needed to live a safe and somewhat independent life will require funding. Long term care insurance steps in to pay for these vital services. 

Long-term care insurance (LTCI) typically reimburses policyholders for the services they receive in a daily amount, up to a pre-selected limit. There may also be a provision included for inflation protection. LTCI can be an invaluable tool to help protect your assets, take pressure off of family members, and ensure that your wishes regarding your care are respected. The time to look into a long term care insurance policy is now, before you need it, and before you have a chronic illness or debilitating or terminal condition that would likely make you ineligible for coverage. 

BK Insurance & Financial Services, Inc. Is Here To Help

It’s never easy to think about a time when we will need daily help to care for ourselves, but planning for the future is easier when you have compassionate professionals on your side. The insurance specialists at BK Insurance & Financial Services, Inc. will work with you to determine if long term care insurance makes sense for you, and they’ll find the best option for your needs, budget, and preferences. Contact us today to learn more about our life and health insurance offerings–we’re here to help.