Long term care insurance companies help protect your financial future
For families dealing with the need to provide long term care for a loved one, the financial impact and emotional strain can be significant. Long term care is necessary when illness, injury or age prevent a person from managing daily tasks like eating, dressing, bathing and transferring. The cost of such care can be high – up to $85,775 for a private room at a nursing home.* But the emotional toll on families can be equally difficult as preferences for the type and location of care may be at odds with the family’s ability to pay. Long term care insurance companies can help cover the cost of care and reduce the emotional burden by providing insurance products specifically for long term care.
When families work with long term care insurance companies to establish a plan, they can take steps to protect their financial future and the lifestyle they want to provide for their loved ones. And when families face the difficult choices around care for an ailing relative, long term care insurance companies can help provide more control over where and when to receive assistance and the type of care to be provided.
Today, when selecting a long term care insurance policy, many families turn to John Hancock, one of America’s most respected long term care insurance companies.
John Hancock – a leader among long term care insurance companies
As one of the leading long term care insurance companies, John Hancock can help you choose the best long term care insurance program for you. John Hancock offers innovative products that help you protect your retirement savings and the wealth you have set aside for your family’s future. With a 145-year history and leading financial strength ratings**, John Hancock provides the stability you want in a long term care provider – according to Thomson Reuters, John Hancock is one of the largest life insurance companies in North America, based on capitalization. With a long term care insurance program from John Hancock, you can rest assured that you have taken the steps to address the financial and emotional cost of paying for long term care, so that you can avoid becoming a burden on your family.
One of America’s strongest insurance companies
When choosing among long term care insurance companies, you want to work with companies that have the financial strength and longevity to be there for you in the event you need help covering the cost of long term care.
Learn more now about John Hancock and long term care insurance companies, including long term care insurance rates and the cost of long term care premiums, long term care health plans, and more about what is long term care.
* Based on John Hancock's Cost of Care Survey, conducted by LifePlans, Inc., 2011.
**To view our most current financial ratings, please go to www.johnhancockLTC.com. Financial strength ratings measure the Company's ability to honor its financial commitments and are subject to change. The ratings are not an assessment or recommendation of specific policy provisions, premium rates or practices of the insurance company.