A long term care insurance plan helps protect wealth
For many families, a long term care insurance plan is an essential part of retirement planning. Long term care is necessary when a loved one can no longer care for themselves adequately and requires assistance with eating, bathing or dressing. Long term care may also include regular physical, occupational, speech or respiratory therapy because of an injury or disease. Long term care cost can be difficult to manage – a private room at a nursing home, for example, may exceed $74,000.* A long term care insurance plan can help pay for these costs while protecting retirement savings and the future you have planned for yourself and your family. For a long term care insurance plan that is customized for your needs, consider John Hancock.
Learn more about John Hancock’s long term care insurance plan now
Get a long term care insurance plan from John Hancock
A financial services provider for nearly 150 years, John Hancock has been a leader among long term care insurance companies for the past 20 years. A John Hancock long term care insurance plan can be customized with optional features that help you keep pace with inflation and meet your specific needs for protecting wealth. With a long term care insurance plan from John Hancock, you can have confidence that you are helping to protect your family from the financial burden of providing long term care. A John Hancock insurance plan also gives you greater control over the decisions you may need to make concerning longterm care for yourself or a loved one.
When should you plan to buy insurance for your long term care?
The best time to buy a long term care insurance plan is sooner rather than later. Long term care insurance costs are based primarily on your age and your health at the time you apply. The younger you are and the healthier you are, the better your long term care insurance rates will be. Settling on an insurance plan in your 40s or 50s also gives you protection against the possibility of needing long term care at an early age, due to injury or unexpected illness.
Learn more about a long term care insurance plan now and get additional long term care insurance information
* Based on the average annual rate of inflation over the past 30 years ending December 31, 2008 of 4.1%, using the Consumer Price Index for All Urban Consumers, Bureau of Labor Statistics, www.bls.gov.
