Long-Term Care Insurance

Do You Need Long-Term Care Insurance?

As our population ages, more and more people are confronting the fact that they or their loved ones may someday need long-term care for conditions such as arthritis, dementia or Alzheimer’s disease.

Nobody loves this topic, but we believe it is one of the most important and overlooked areas of planning today. Getting this right—or getting it wrong—could make a huge difference in your family’s future standard of living.

Individuals who plan are more likely to get quality long-term care later if they need it. Long-term care insurance policies can protect people from using up all their assets or becoming dependent on family members.

Long-Term Care Insurance to Meet Your Needs

Buying long-term care insurance isn’t simple. Policies come with a dizzying array of choices and optional riders. Three worthwhile features include a level premium, inflation protection and comprehensive coverage that allows for all levels of care including home health care.

Premiums vary depending on the maximum payment for daily care, the waiting period, and the length of benefits. Some policies reimburse your costs up to a prescribed daily limit. Other (more expensive) policies pay a daily amount and let you spend it as you see fit. Pay attention to what is covered: assisted living, home health care, or some combination of the two.

If you’re shopping for a policy, try to get one that pays for at least four years of care. And make sure your own savings will cover the waiting period.

Finding The right Long-Term Care Insurance?

To fully understand your options, you may want to get some help from an independent agent or other source. We can help you with that process. This is not a fun task, but its difficulty pales in comparison with the hassle of needing care and discovering you don’t have the coverage you thought you did.

Even if you are having trouble qualifying for long-term care insurance or an illness comes up suddenly, there are still options. Don’t lose hope. Call us and we will do our best to connect you with viable options.


  • Denver
  • Fort Collins
  • Lakewood
  • Arvada
  • Greeley
  • Longmont
  • Loveland
  • Littleton
  • Dakota Ridge
  • Englewood
  • Wheat Ridge
  • Columbine
  • Golden
  • Johnstown
  • Highlands Ranch
  • Windsor
This summary of Long-Term Care Insurance was prepared by Stone Law, LLC and is intended to give general information, not specific legal advice. For more information, contact Stone Law at 877-897-6591.

While we make a concerted effort to maintain and update the information on this site Stone Law, LLC makes no representation, warranty, or claim that the information on this site is current or accurate. Additionally, please be aware that state laws may differ, do not rely solely on information provided on this site without consulting a local attorney.