With many types of insurance available, it’s become increasingly difficult to discern which are worth your money. Long-term care insurance in Connecticut can be a worthwhile investment for seniors who do not want to burden family with high medical bills, or who do not have family to assist with medical costs. But long-term care insurance is not just for seniors. In fact, any insured person over the age of 18 can make a claim under this type of policy.
With more people living paycheck to paycheck in the United States, having long-term care insurance can be a blessing for young families in the case of an unexpected accident or sudden illness. Like auto insurance or homeowner’s insurance, you may pay for long-term care insurance and find that you never need it. But just like these other types of insurance, you can’t wait until it is too late to seek coverage. If a person who does not have long-term care insurance is diagnosed with a serious, long-term medical condition, it is unlikely they will be able to go out and get coverage after the diagnosis is made. Even with health insurance coverage, the out of pocket expenses associated with a long-term illness can cause a family to go bankrupt.
Long-term care insurance in Connecticut could provide assistance with day to day tasks in the wake of a car accident that leaves you unable to walk. Or it could be the way to get in-home assistance from a professional as you grow older, instead of relying on family members. If you value your independence and want to have many options, even if you become ill or as you grow older, long-term care insurance in Connecticut is a prudent investment.
For more information regarding Long-Term Care Insurance in Connecticut, contact Allaire Elder Law today!