Long-Term Care Insurance in Charlotte, NC and Harrisburg, NC

PERSONAL AND FINANCIAL PROTECTION FOR THE LONG TERM

For most Americans, a traditional life and health insurance package is enough to keep themselves and their families insured, but for many, additional coverage is required. At Kevin Brewer & Associates, Inc., we offer extensive coverage options that can insure the care of those who need it most.

Long-term care insurance (LTC) helps provide for the medical expenses of extended home health care or nursing home costs beyond a specified period. In general, individuals who require long-term care are those who can no longer take care of themselves and are unable to perform the basic activities of daily living without assistance.

The costs of long-term care can be quite expensive, and are typically not covered under basic health insurance, Medicare, or Medicaid. Long-term care insurance from Kevin Brewer & Associates, Inc. can protect your family’s financial future by providing valuable coverage benefits for costs associated with:

• Home Care
• Assisted Living
• Adult Daycare
• Hospice Care
• Nursing Homes
• Respite Care
  
  

Health Insurance vs. Long-Term Care

A common misconception is that regular health insurance or Medicare will cover the costs of long-term care. In reality, health insurance generally covers doctor visits, hospital stays, and short-term rehabilitation. Medicare often covers skilled nursing care for only a very limited time after a hospital stay. We work with our clients to bridge this gap, ensuring that if you require ongoing assistance, you have a dedicated policy in place to manage those specific expenses without exhausting your personal savings.

Factors Influencing Your Coverage Costs

When we help you evaluate long-term care insurance, several factors will influence the cost of your premiums:

• Age and Health: Generally, the younger and healthier you are when you apply, the lower your premiums may be.
• Benefit Amount: The daily or monthly limit the policy pays toward your care.
• Benefit Period: The total length of time the policy will pay out (e.g., three years, five years, or lifetime).
• Elimination Period: The "waiting period" before benefits begin after you become eligible for care.
• Inflation Protection: Options that allow your benefit amount to increase over time to keep up with rising care costs in North Carolina.
  
  

Individuals looking to purchase long-term care insurance must meet certain conditions in order to qualify for benefits. Talk to an insurance professional with Kevin Brewer & Associates, Inc. to learn more about long-term care insurance.

All guarantees and benefits of the insurance policy are backed by the claims-paying ability of the issuing insurance company. Policy guarantees and benefits are not backed by the broker/dealer and/or insurance agency selling the policy, nor by any of their affiliates, and none of them makes any representations or guarantees regarding the claims-paying ability of the issuing insurance company.

NFW-7750AO (02/18)