A long term care insurance policy can help protect assets
Long term care is necessary when a person needs assistance with daily tasks such as eating, dressing or bathing. Such care is often the result of advanced age or illnesses such as Alzheimer’s, multiple sclerosis, or stroke. The cost of long term care can be overwhelming for many families, and can impact retirement savings and investments meant to help provide for your family’s financial future. A long term care insurance policy can help cover the cost of assistance. Whether long term care is provided at home, in the community or in an assisted living or nursing facility, a long term care insurance policy will help manage expenses and protect the assets you have worked so hard to accumulate. When choosing a long term care insurance policy, consider the wide variety of long term care options available at John Hancock.
Learn more about choosing a long term care insurance policy now
Get a customized long term care insurance policy from John Hancock
John Hancock can provide you with a customized long term care insurance policy that is designed to meet your needs and help protect your retirement savings. As a long term care insurance company, John Hancock has more than 1.3 million policyholders, and has paid more than $3.2 billion in long term care insurance policy claims.* With a John Hancock insurance policy, you can proactively take control of your long term care decisions and reduce the burden of care that would otherwise fall on members of your family.
When to buy an insurance policy for your long term care
The cost of long term care insurance is largely dependent on your age and health at the time of your application. The younger and healthier you are, the lower your insurance policy premiums can be. For this reason it makes sense to secure a long term care insurance policy sooner rather than later. Having a long term care policy in place now also protects you in the event an accident or illness causes you to require long term care as a relatively young person.
Learn more about a John Hancock long term care insurance policy now
* Based on John Hancock internal data as of September 30, 2010. Total includes individual and group LTC insurance, and the Federal Long Term Care Insurance Program. Information available upon request.
