Myerson Agency

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Long-Term Care is not just about protecting one’s estate from the huge costs associated with a long-term illness or injury…it’s much more than that. A properly structured long-term care policy will

The costs associated with Long-Term Care (LTC) are not covered by Medicare or any other type of health insurance other than a specialized LTC insurance policy. LTC facilities are available to individuals who are able to demonstrate they have no assets. However, for those families who are not indigent and do not qualify for one of these state-sponsored facilities, the financial and emotional impact on the family can be devastating.

LTC policies pay a benefit if the insured can no longer perform certain day-to-day functions or is cognitively impaired, as determined by their physician.

Typically, there are three options to acquire Long-Term Care (LTC) coverage:

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