Employer provided LTC insurance

It’s always important to take advantage if your employer offers long term care insurance coverage. You and your family may benefit from a group long term care insurance policy discount that is offered at your place of employment. Most group insurance plans ask limited medical questions, which could make it easier to qualify for insurance coverage than if you decided to purchase a policy on your individually. If you have been turned down as your employer if they offer group long term care insurance. Even if you change jobs you can take your coverage with you. To maximize your coverage and keep your payments down remember to acquire coverage before you reach the age of 60. This gives you a discounted rate that you can keep for the life of the coverage. Remember if you have assets, an IRA, own your home you will be denied medicare until you deplete all your savings. Long term care insurance can pay for services in your home, in a assisted living facility, or in a nursing home. Long term care insurance is an asset protection vehicle that allows a family to keep their assets while maintaining control over their long term care needs without having to rely on family members.