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Key issues we study include Social Security, Medicare, long-term care and caregiving, work and job security, healthy living, technology, and relationships.
Most experts agree that life, health, long-term disability, and auto insurance are the four types of insurance you must have.
Long-term care insurance policies reimburse policyholders a daily amount (up to a pre-selected limit) for services to assist them with activities of daily living such as bathing, dressing, or eating. You can select a range of care options and benefits that allow you to get the services you need, where you need them.
The monthly premium if you purchase coverage at age 45 can be as low as $50 a month. Whereas, the same plan for a 55-year-old would be over a $100 a month and for a 65-year-old would be over $200 a month. Underwriting requirements for long-term Care Insurance are very different from life or Disability Insurance.
ing to the Genworth 2021 Cost of Care Survey, the monthly median cost of nursing home care in the United States is $7,908 for a shared room and $9,034 for a private room.

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Unum Long Term Care Plan The Plan provides options for care in a variety of settings, including nursing homes, assisted living facilities, adult day care facilities, hospices, or your own home. If you would like even more protection, you may purchase Buy-Up Long Term Care coverage.

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