Long Term Care Basics
According to the U.S. Department of Health and Human Services, about 70% of Americans who reach age 65 will need long-term care at some point in their lives. More than 40% will need care in a nursing home.1 If you need round-the-clock care in an assisted living facility or nursing home, the expenses can be over $200 a day.2 To help protect your assets, your best option is an insurance plan that will bear the expenses of providing the care you need.
Crumes Insurance represents two different products, each with varying levels of coverage to fit your needs and budget.
Long-term care plans pay for periods of one year or more in a nursing home, an assisted living facility or in the comfort of your own home.
Short-term convalescent care plans pay for care in a nursing home, an assisted living facility, or in the comfort of your own home for a period of less than one year.
We help individuals and couples navigate through the different longterm care policies that are available to them.