Long term care is a reality for many families
Many families today must deal with the challenges of receiving long term care or providing care for a loved one. When advanced age or illness make it no longer possible for people to perform normal daily activities such as feeding or bathing themselves or moving about the house, long term care provides assistance for everyday tasks. The cost of long term care can be very high however, impacting the lifestyle and finances of the recipients and their families. Long term care insurance is designed to help cover the cost of providing long term care and to protect the wealth you have built over the years. For a variety of innovative coverage options for long term care, consider John Hancock.
John Hancock a leading provider of long term care insurance
As one of the country’s leading providers of long term care products, John Hancock provides comprehensive coverage for all types of care in settings that include the home, community, assisted living, and nursing facilities. With long term care insurance from John Hancock, you have the means to maintain choice, independence and control when facing difficult decisions about your care or the care of a loved one. John Hancock enables you to customize your policy with a broad range of optional features, and inflation protection that allows your coverage to keep up with the future cost of care.
Why people buy long term care products
With long term care insurance from John Hancock, you can feel confident about your future and the choice and control you will have if you ever require long term assistance. John Hancock products enable you to take ownership of your health care decisions while helping to secure your family’s future and protect your retirement savings. Many people buy long term care insurance in order to:
- Avoid becoming a burden on their loved ones
- Receive assistance in the setting they prefer
- Minimize their financial exposure and protect their assets
What kind of care is covered?
Long term care insurance can help pay for a variety of care options:
- Skilled care includes nursing care and physical, respiratory, occupational and speech therapy from licensed professionals that may or may not be received on a daily basis.
- Custodial care is the most widely used type of care, and includes help with every day tasks such as eating and dressing
John Hancock products can also help pay for supervision due to a cognitive impairment such as a stroke or Alzheimer’s disease.