Long Term Care Insurance

It's your future, are you ready for it?

It’s no secret that long-term care is a reality many are ill-prepared to face. Plus, with rapidly changing laws and regulatory guidelines, there is no standard set for receipt of benefits. Don’t wait until you need it to consider Long-Term Care insurance. Call Maritime Insurance and we’ll walk you through the process, the pitfalls and the benefits of Long-Term Care. Or, if you prefer a personal appointment, stop by our local offices. We’re a convenient resource and valuable alternative to the impersonal service of a large provider.

Long-Term Care insurance considerably offsets the expense of nursing home living, estimated to range anywhere from $40,000-$100,000 per year. And, with Medicare restricting or denying coverage for these expenses, the only option is paying out-of-pocket which to most of us is not a real option. On the other hand, Long-Term Care policies typically pay for the care costs of a nursing home, assisted living facility or home care up to a pre-determined lifetime maximum amount.

Buying Long-Term Care coverage is a sound investment, based on four key reasons:

Asset preservation for your family instead of spending it on medical care
The odds of requiring long-term care is 1:3 for a man over 65 and 1:2 for a woman of that same age
Medicaid is increasingly difficult to qualify for based on new coverage regulations
Premiums may be partially tax deductible

Maritime Insurance is local, accessible and interested in your getting the most coverage for your money. Contact us today for your personal insurance needs.

Long Term Care Insurance

It's your future, are you ready for it?

Contact an Insurance Specialist

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