Long Term Care Insurance in West Virginia - An Overview
Long Term Care Insurance Quote Form
Long Term Care is a type of care that is needed when someone needs help with basic, day to day living activities due to aging, a chronic medical condition, or accident. Long Term Care can also be a result of a cognitive impairment such as dementia or Alzheimer's Disease. Because West Virginia has one of the highest percentages of retirees in the nation, having a plan to pay for long term care is very important.
Long Term Care is very expensive. In West Virginia, the average cost of long term care varies depending on the skill of the person providing the care, and where the care is received. Typically, the costs can run anywhere from $20,000-$80,000 per year.
Will you have that kind of money to spare?
The United States government predicts that an individual has a 70% chance of needing Long Term Care in his or her lifetime. Studies reveal that if you are 60 years old you have more than a 60% chance of needing long term care. If you live to be 65 years old, your chances of needing care goes up to 70%.
At Deacon & Deacon Insurance Agency, we realize how important it is to look into long term care insurance. As with all of our lines of coverage, we represent many of what we consider to be the best carriers in the business. There are different types of policies for different needs, and we understand the complex array of choices.
Call us today at (304) 720-5641 or email at Joseph@DeaconandDeacon.com to schedule a consultation at no cost to you, or click below for a quote.
Long Term Care Insurance Quote Form
Here is a partial list of the companies we are independently licensed with:
Consumer Resources:
http://www.mrltc.com/ - a website created by a former long term care insurance agent who later developed Parkinson's Disease
http://www.smartmoney.com/personal-finance/insurance/the-smartmoneycom-ltc-insurance-evaluators-12864/ - A SmartMoney.com article