Financial and Retirement Planning

Long Term Care Insurance


Unlike traditional health insurance, long-term care insurance is designed to offer financial support to pay for long-term care services.  Covering long-term services and supports, including personal and custodial care in a variety of settings such as your home, a community organization, or other facility. Long-term Care Insurance starts when a client can no longer perform 2 of the 6 Activities of Daily Living. These include: eating, dressing, bathing, toileting, transferring, and maintaining continence.

Long-term care insurance policies reimburse policyholders a daily amount (up to a pre-selected limit) for services to assist them with the activities of daily living. You can select a range of care options and benefits that allow you to get the services you need, where you need them.

If you are in poor health or already receiving long-term care services, you may not qualify for long-term care insurance as most individual policies require medical underwriting.

The available solutions for Long-Term Care are changing all of the time. The Advisors at Statera Financial will educate you on the latest and most cost-effective solutions available.


Which fits your situation the best? A hybrid or a traditional policy. Ask us today at (781) 540-1733