Why Get Protection Now?
While we hope you never need it, everyone should have a plan for meeting their own long-term care needs, and long-term care insurance is the best way to do that. As with all planning, the younger you are when you do it, the more options are available to you and the less expensive it is.
Among the reasons you might want to consider long-term care insurance now, rather than later:
- Accidents and illness can strike at any age.
Remember, 40% of Americans currently receiving long-term care are working-age adults between the ages of 18 to 64. - The younger and healthier you are when you apply, the better chance you have of being approved for coverage,
Medical conditions like arthritis, diabetes, and high blood pressure tend to occur more often and worsen with age, making it more difficult to get approved for coverage. - The younger you are when you apply, the lower your premiums will be.
The premium you pay is tied to your age and it gets higher the older you are. In fact, you always pay more over your lifetime the longer you wait to buy.