long-term care insurance
Nursing home policy
Long-term care insurance covers expenses for extended care that regular health insurance doesn't—nursing homes, assisted living facilities, and in-home care for people who can no longer perform daily activities independently.
Policies typically kick in when someone needs help with basic tasks like bathing, dressing, or eating: She's glad her parents bought long-term care insurance before the dementia diagnosis.
- assisted livingResidential care for elderly
- retirement savingsMoney reserved for post-career
- premium paymentsRecurring insurance charges
- annuitiesPeriodic fixed payments
- pensionsOngoing payments after employment
mobility aids · home health aides · activities of daily living · aging in place · HIPAA compliance · trust funds · occupational therapy · estate planning · financial advisors · rehabilitation therapy · emergency funds · golden years · peace of mind · investment portfolios · nursing home · skilled nursing · consumer protection laws · physical therapy
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