Long Term Care Insurance

Plan IV can help you decide the best long-term Insurance plan for needs.  With our experience and knowledge, we can point you in the right direction.

What is long-term care insurance?

Long-term care insurance is an insurance policy designed to offer financial support to pay for services such as nursing home, community organization or home nursing care, etc  These policies reimburse policy holders a daily amount for services to assist them with activities of daily living such as bathing, dressing, or eating. You can select a range of care options and benefits that allow you to get the services you need, where you need them. 

What does long-term care insurance cover?

Most policies sold today are compressive and typically allow you to use your daily benefit in a variety of settings, including:

  • Your home
  • Adult day service centers
  • Hospice care
  • Nursing homes
  • Assisted living facilities
  • Etc... 

Who should purchase long-term care insurance?

Whether you should buy long-term care insurance depends on many different factors; including your age and life expectancy, gender, family situation, health status, income and assets. 

For more information, call Plan IV at  248-689-4910 to discuss your options and to determine the best type of insurance policy for your needs.