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Types of Insurance
Individual & Family Plans
(Virginia and Maryland only)
-- Long Term Care Insurance
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Long Term Care insurance can be used to pay for both Nursing Home Care or Custodial Care in a
patient's own home.
For those who have few financial assets they may have no other choice than to accept help from
Government sponsored Custodial Health Plans.
Others may have more than enough money to pay the $50,000 plus per year cost of a Nursing Home
stay. If a stay of ten years should be necessary we would be talking about 10 x $50,000 or a
total of $500,000. |
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Helpful LTC Links
Senior living facilities
available in Virginia
Long-Term Care
Information Guide
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Many Nursing Home stays are only for 2 to 5 years.
In theory it is also possible that a married couple could both need Nursing Home care. In that
case these figures could be doubled. For people who could handle bills of this size, Long Term
Care Insurance might, or might not be necessary.
Finally we come to the average person who has worked hard for their retirement savings. Even
though (if they are thrifty) they will have enough money on which to live, most people cannot
handle the potentially large financial burden of a Nursing Home stay.
Long Term Care is relatively expensive but when planned along with present finances, the
premiums can often be brought down to a manageable level.
We have provided a Long Term Care Quote link on the right hand side of this page. If you
wish for us to provide you with a quote, please fill this request form and we will get back to
you promptly.
Please understand that Long Term Care insurance is a very special product. The underwriting is
very different from Health Insurance and Life Insurance. A condition that would cause a decline
for Health or Life Insurance might well be fine for Long Term Care Insurance. On the other
hand a condition that would hinder the activities of daily living would be fine for Life
insurance but a problem with Long Term Care Insurance.
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More Individual/Family Plans |
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12727 Landview Drive
Manassas, Va. 20112-4637
Phone:
Fax: |
703-791-8284
703-791-2349 |
Important Note: This website provides only a simplified description of coverages and is not a statement of contract. Coverage may not apply in all states. For complete details of coverages, conditions, limits and losses not covered, be sure to read the policy, including all endorsements.
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