Who might need care
There is no way to know for certain if and when you might need long-term care however, there are many ways to determine who might need long-term care. There a variety of factors which can contribute to your likelihood of needing long-term car near or down the road. There are also many indicators to help you determine when it may be time for long-term care. Weighing your adds of needing long-term care play a huge role in determining your need for long-term care insurance. Additionally so, determining if your parents or a loved one may currently need long-term are can seem daunting without direction.
If and when you need long-term care you can certainly expect steep costs to match. Due to this, you will likely want to prepare or plan for these unexpected costs and the key to this can be to assume for these costs. Long-term care insurance is designed to help shoulder the steep costs of long-term care and may be a viable option for you to consider. However, when it comes to long-term care you can not wait until you need care to obtain this insurance. In fact, if you wait until you already need care you will likely be denied all together. For this reason you will want to make the executive decision to insure for the unexpected beforehand. Some factors to consider when determining whether or not you may need care is your individual chance of needing care. These factors may contribute to your future need for care:
- Family history of dementia/Alzheimer’s
- long family life expectancy
- Overweight
- Chronic conditions
- Live alone
When might I need care
Even if you are already insured, determining when its time to use your long term care policy can be tricky. Perhaps, you are also wondering the same about a parent or a loved one and whether or not they may currently need long-term care. Sometimes a good way to determine so is to consider if they are able to accomplish all of their daily living activities on their own. If they re unable to perform one, two, or more of these daily living activities it may be time for long term care. These factors to consider are:
- poor hygiene
- cluttered home
- slips and falls
- Unable to feed, clothe, bathe, and/or toilet self
If you or someone you love is interested in Long Term Care Insurance be sure to visit: LTC TREE for more information.
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