THE CARDINAL GUIDE TO:
Long-Term Care Insurance 

￭ For  information on your personal long-term care insurance options, fill out the form below!↓

￭ You might live a long life, and if you do, you might become frail or memory impaired and end up needing care. The financial consequences of that care can be devastating to your family.

￭ Long-term care doesn’t have to mean a nursing home. It includes home health care, assisted living, and adult day care. More and more, clients are cared for at home with paid assistance coming in to help.

￭ Financial strategies include short-term care insurance, traditional long-term care insurance, hybrid long-term care insurance, and/or a financial plan for self-insurance. These solutions can be mixed and matched to come up with your personal plan.

￭ Consider a Partnership long-term care policy, which allows you to go on Medicaid while protecting some of your assets.

￭ Medicaid is a last resort to pay for your care.

￭ Get professional help from an independent insurance agent and a financial professional who specializes in eldercare and long-term care.

￭ If you are relatively affluent, there can be tax advantages in planning for long-term care.

A Shopper’s Guide to Long-Term Care Insurance, published by the NAIC, helps people understand LTC and the insurance policies available.

Read the Long-term care chapter from “The Complete Cardinal Guide to Planning for and Living in Retirement”!