With so many insurance companies out there, it's hard to figure out where to get the best information. National Quotes Online's Health Insurance section allows you to compare up-to-date information on a variety of policies, rules and regulations and places special emphasis on long term care and disability insurance plans - all in one convenient location.
What is Long Term Care?
Long term care can mean many different things but any chronic or disabling condition that requires nursing care or constant supervision can bring on the need for long term care services. Long term care means not only care in a nursing home, it can also mean nursing care in your own home and help with the activities of daily living, such as dressing, eating, bathing and taking medicine.
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Why do we need to have a Long Term Care insurance?
The government isn't going to pay for long-term care at home, in a nursing home, or in an assisted living center. Medicare pays 100% of long-term care for 20 days and all but $95.00 per day for the next 80 days - after that nothing. However, Medicare only pays for skilled care and most long term care is not skilled care.
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Disability Income Insurance
Most people typically think of insurance coverage for their home, car or medical needs. However, we forget that what allows us to afford these items is our employment income and without earning potential it would quickly become impossible to maintain your home and provide for your family. That is why disability insurance is so critical because it protects your income. Physical disabilities can be overcome with the right care, physician, support and ability to cover your financial needs.
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