Insurance

Long term care insurance is a protection against the high costs of health care.

It is a well known fact that long term illness can wipe out a families savings and long term care insurance or nursing home insurance is promoted as a safety net in case a person requires long term care due to a long illness or accident.

Long term care policies have many benefits:

1. The policy will cover nursing home care or even care at home. Most policies cover home health care, personal care, adult day care, long term health care, respite care and hospice care.

2. Long term care policies cover needs of nursing, physical therapy, speech therapy as well as home aide services for those who are ill and need extensive care.

3. Home care includes assistance with personal hygiene, dressing, feeding, health related tasks, cooking, cleaning and more.

4. Adult day care includes supervision, social and recreational help and more.

5. Long term care covers services of a nursing home, and alternate level care. Many policies include respite care too, where family members are given a break from care giving responsibilities.