If you have Long Term Care insurance (LTCi), not much. If you don’t have it, it can cost you everything you have, and maybe everything your family has.
Designing a policy that fits your needs is a multi-step process that involves educating you along with determining your needs. A good agent understands the process of providing the coverage you need and will not enter your home and immediately begin filling out an application. You can hire long-term care insurance agent in Seattle through http://www.lavineltcins.com/seattle-long-term-care-insurance-agent/ to get brief information about long term care.
Instead, he/she will engage in conversation-often about your family, your previous work history, general information about your finances, and discussion about your health and major medical insurance coverage.
The expense of a Long-term care insurance policy seems insignificant to what it costs today for long-term care.
It is important to understand what long-term care is. It is care that is needed above and beyond the time period that is covered by Medicare or any major medical insurance. It includes intermediate or custodial care (not covered by Medicare) and can be performed in many different settings such as in your own home, adult day care, respite care, assisted living and in a nursing home.
Long Term Care Insurance provides helpful long term care planning information, expert advice, timely reviews, and tips on how to save money on long term care insurance.