Long-Term Care Insurance

According to the U.S. Department of Health and Human Services, 70 percent of people over age 65 will need long-term care at some point in their lives. These extended healthcare costs for nursing homes or assisted living facilities can be expensive, and if not properly planned for, can drain a family’s resources and reduce the size of their estate.

Unless you can self-fund the cost of long-term care, it’s important to secure an insurance policy to pay for the expense. With increasing healthcare costs and longer life expectancies, don’t wait to ensure your coverage will be sufficient.

At Stream Wealth, we’ll help you determine the right insurance policy, including covered facilities, benefits, costs, inflation, and tax implications, to meet your family’s needs for long-term care.