Long-term care insurance is becoming more and more popular in the United States. If you have never heard of this insurance product before, you may have many questions about it, including what it is, what it covers, and why it is beneficial. Here at Colling Insurance Services Inc., serving the residents of Lakewood, CO, we offer long-term care insurance. Read along as we answer a few frequently asked questions about this product.
What Is Long-Term Care Insurance?
Long-term care insurance is an insurance product that helps to cover the costs associated with long-term care. You may need long-term care if you are involved in an accident and become disabled or have a chronic medical condition.
What Are the Benefits of Long-term Care Insurance?
Your insurance may not cover any or all of the costs associated with long-term care. This can leave you in a predicament if you need long-term care. This policy helps ensure you get the care you need without having to pay out of pocket for your long-term care expenses.
Why is Long-term Care Insurance Becoming Popular?
Long-term care can be pricey and often not covered by health insurance policies. Nursing homes, skilled nursing care facilities, or in-home care can add up quickly. As people continue to live longer, long-term care is only increasing, so insurance helps provide you with the care you may need.
Suppose you are in the market for a long-term care insurance policy or are interested in learning more about this insurance product. In that case, the team at Colling Insurance Services Inc., serving the greater Lakewood, CO area, is here to assist you. Reach out to us today with your questions or to obtain a quote for a new policy.