Long-Term Care Insurance

Aging is inevitable. Make sure you have the care you may eventually need.

Let’s find a long-term care policy that fits your needs and budget.

What is long-term care insurance?

As we age, we may not be able to care for ourselves like we used to.

A long-term care insurance policy provides assurance that you’ll be able to pay for someone to provide care in your home.

Basey Insurance - What is long-term care?

Why would I need it?

The cost of long-term care can be high, and most people do not have enough savings to cover the expenses.

Additionally, Medicare and private health insurance plans typically do not cover the cost of long-term care.

Long-term care (whether in one’s home or a health facility) is the single largest out-of-pocket cost for adults over 60.

How does it work?

A long-term care policy provides a specified annual, monthly, or daily benefit amount for a set number of years that someone can use to pay for care in their home an assisted living facility.

For example, a woman in Texas could purchase a policy that will pay $5,000 per month for 4 years. Like a life insurance policy, the cost of the monthly premium depends the amount of benefit to be paid, the age of the insured, and other factors.

At Basey Insurance, we take a consultative approach. We help clients size a long-term care policy to fit their needs and budget. Let’s have a conversation and find a long-term care policy that’s right for you.

Basey Insurance - How does long-term care work?

Long-Term Care by the Numbers

0 %
of people over 65 will need some kind of long-term care (National Medicare Handbook)
0 %
of long-term care recipients are 18-64 years old (US News and World Report)

Regardless of your long-term care needs, we can find the answers.

Let Basey Insurance help you find the best solution for you.

Learn about your Medicare options
and get your questions answered.

Join me for Medicare Mondays, 10 am on Zoom. No cost and no obligation to sign up.