Long-Term Care Insurance For Seniors

To cover the potential of incurring the cost of long-term Care seniors considers purchasing insurance. A fantastic place to begin your research is by checking out the Consumer Reports analysis of criteria and the policy choices for determining which policy choice is right for you. What's long-term-care insurance for seniors? Long-term-care Insurance for seniors covers services for people who are unable to care for themselves because of Alzheimer's, an illness, a handicap or a prolonged illness or condition. Care insurance will pay for care in the home or skilled nursing care or rehabilitation at home or in a care facility. Long-term-care insurance may cost between a Few hundred dollars per year to over $10,000 annually, depending upon the type of coverage you buy and your age and health at the time you purchase the insurance. When should you purchase long-term-care insurance for seniors? Many Insurance companies recommend buying a long-term-care policy anytime after age 50.