Do You Need Long Term Care?

Do You Need Long Term Care?

Long Term Care Insurance Greenwood Village, COUnderstanding If This Insurance Product Is Right For You

The good news is that people today are living longer than they ever have before. In the last decade and a half, global life expectancy has increased by 6 years. That means that with the access we have to advanced medical technologies here in the United States, we can all expect to be able to enjoy more of our golden years.

This is exciting to hear, but it also underscores the importance of financially safeguarding your post-retirement years. As we live further into our lives, the odds of our requiring some extra care for our aging bodies are high. Have you considered how that cost will be covered?

If you require a full-time home health aide, the median cost is $44,000 annually. The median cost for a private room in a nursing care facility is $84,000 a year. Since life expectancy is increasing generation after generation, it is becoming more and more important for us to prepare for a longer life. Long term care insurance allows you to do just that, safeguarding your future while you have income today.

Long term care insurance will step in to assure that you or, if you were financially unable, your family are not caught shouldering a significant financial burden in order to get you the level of care you need and deserve. This insurance product will protect your quality of life in your golden years, ensuring that you never have to decide between getting the care you need or protecting your family’s financial future.

Is an insurance expert helping you understand the best policy to protect you and your family? Contact Employee Benefit Plans Inc. in Greenwood Village, Colorado for all of your long term care insurance needs. Our dedicated staff knows how important it is to protect your future, and is here to help you do just that.