Search Site
Menu
Long-Term Care and Long-Term Care Insurance

Long-Term Care and Long-Term Care Insurance

Long-term care is defined as care that lasts for an indefinite period of time in duration. An elder may need long-term care when if they fall ill or are unable to care for themselves. Other individuals may also be in need of long-term care if they were involved in a serious accident or had a serious medical condition. Long-term care helps one live as they currently lived. The purpose of long-term care is to assist the elder or individual in their everyday life. Some services included under long-term care may include:


  • Assistance with daily activities.

  • Monitoring and support of impairments.

  • Home health care.

  • Assistance with medication and rehabilitation activities.

  • Management of affairs.

Long-Term Care Insurance

Health or medical insurance or Medicare does generally not cover long-term care. Unfortunately, many people will need long-term care in their lives. As an individual ages their need for long-term care may also increase. Individuals may purchase long-term care insurance. The cost of long-term care insurance may be quite expensive. The cost is determined by the age the individual is when the insurance is purchased and the type of care insured for. The cost also varies from state to state. Prior to purchasing long-term care insurance the individual should thoroughly investigate the plan and the company offering the plan. If the individual is not in good health at the time that the insurance is purchased, the insurance carrier may deny coverage.

An individual contemplating purchasing long-term care insurance should consider numerous factors. Some of the factors that should be considered include:


  • Type of coverage. The individual will want to check to make sure that the coverage includes in-home care and custodial care.

  • Adequate reimbursement. Policies generally pay a certain amount per day. Make sure that the amount offered under the policy is adequate.

  • Inflation protection.

  • Dementia coverage.

  • Guaranteed renewals.

  • Fixed premiums.

  • Wavier of paying premiums while the individual is on long term care.

  • High maximum spending amount.

  • Reputable company.

Copyright 2012 LexisNexis, a division of Reed Elsevier Inc.

Contact us

Please fill out the form below and one of our attorneys will contact you.

Quick Contact Form

VIEW OUR VIDEOS
Our Offices

Newport News
12610 Patrick Henry Drive
Suite B
Newport News, VA 23602
Phone: 757-825-0400
Fax: 757-825-9389

Hampton
910 West Mercury Boulevard,
Suite 2A
Hampton, Virginia 23666
Phone: 757-825-0400
Fax: 757-825-9389

Gloucester
6834 Coleman’s Crossing Avenue
Suite C
Hayes, Virginia 23072
Phone: 804-694-0560
Fax: 804-693-3343

Chesapeake/Southside
3800 Poplar Hill Road,
Suite G
Chesapeake, Virginia 23321
Phone: 757-393-1110
Fax: 757-393-7764

Williamsburg
1311 Jamestown Rd, Ste 101
Williamsburg, VA 23185
Phone: (757) 345-3900
Fax: (757) 825-9389

Office Hours
Monday-Thursday: 8:00am-5:00pm
Friday: 8:00am-3:00pm