Who Needs Long-Term Care Insurance?

Q: My mother is a relatively young, healthy senior. She doesn't need long-term care insurance yet...does she?

A: When preparing a financial plan for any client, regardless of age, we always include the cost of long-term care (LTC) insurance premiums in our projections. This consideration is crucial for both the individual and their family to ensure future care needs are met. Advances in medicine mean we are living longer lives, but it's the quality of life that truly matters. With families often spread across the country, having a reliable plan for care—whether at home, in adult day care, assisted living, or a nursing home—is essential.

The key point is that LTC insurance is not just for the elderly. An LTC policy can provide benefits if you're injured in an accident, such as an auto crash, and need care. It's a safeguard for everyone. If your employer offers a group plan, take advantage of it. Often, these plans can include family members and may be more cost-effective due to group rates. At our firm, we provide LTC insurance to all our employees as part of their benefits package.

Yes, LTC insurance can be expensive, but the costs of not planning for long-term care can be even greater, both financially and personally, affecting family dynamics significantly.

For information on how AmoryCare can assist with Long-Term Care Insurance, please contact us:

Phone: 908-854-3220

Fax: 908-854-3221

Email: info@amorycare.com

Service Areas in New Jersey:

Union County: Berkeley Heights, Summit, Linden, Scotch Plains, Westfield, Murray Hill, Plainfield, Mountainside, Garwood, Clark, New Providence, Elizabeth, Roselle Park, Winfield, Kenilworth, Vauxhall, Cranford, Springfield, Union, Fanwood, Rahway.

Morris County: Bernardsville, Boonton, Brookside, Budd Lake, Butler, Califon, Cedar Knolls, Chatham, Chester, Denville, Dover, East Hanover, Far Hills, Flanders, Florham Park, Gillette, Greenvillage, Hibernia, Ironia, Kenvil, Lake Hopatcong, Landing, Ledgewood, Lincoln Park, Long Valley, Madison, Mendham, Millington, Montville, Morris Plains, Morristown, Mt. Arlington, Mt. Freedom, Mt. Tabor, Mountain Lakes, Netcong, New Vernon, Newfoundland, Oak Ridge, Parsippany, Pequannock, Picatinny Arsenal, Pine Brook, Pompton Plains, Port Murray, Randolph, Riverdale, Rockaway, Schooley’s Mountain, Stirling, Succasunna, Towaco, Wharton, Whippany.

Essex County: Livingston, Roseland, Essex Fells, West Orange, South Orange, Short Hills, Millburn, Maplewood, Montclair, Verona, Cedar Grove, Glen Ridge, Bloomfield, Belleville, Nutley, West Caldwell, Fairfield, Irvington, Newark, East Orange.

Bergen County: Allendale, Alpine, Bergenfield, Bogota, Carlstadt, Cliffside Park, Closter, Cresskill, Demarest, Dumont, East Rutherford, Edgewater, Elmwood Park, Emerson, Englewood, Englewood Cliffs, Fair Lawn, Fairview, Fort Lee, Franklin Lakes, Garfield, Glen Rock, Hackensack (county seat), Harrington Park, Hasbrouck Heights, Haworth, Hillsdale, Ho-Ho-Kus, Leonia, Little Ferry, Lodi, Lyndhurst, Mahwah, Maywood, Midland Park, Montvale, Moonachie, New Milford, North Arlington, Northvale, Norwood, Oakland, Old Tappan, Oradell, Palisades Park, Paramus, Park Ridge, Ramsey, Ridgefield, Ridgefield Park, Ridgewood, River Edge, River Vale, Rochelle Park, Rockleigh, Rutherford, Saddle Brook, Saddle River, South Hackensack, Teaneck, Tenafly, Teterboro, Upper Saddle River, Waldwick, Wallington, Washington Township, Westwood, Wood-Ridge, Woodcliff Lake, and Wyckoff.

Passaic County: Bloomingdale, Clifton, Haledon, Hawthorne, Little Falls, North Haledon, Passaic, Paterson, Pompton Lakes, Prospect Park, Ringwood, Totowa, Wanaque, Wayne, West Milford, Woodland Park.

For more detailed information about our services and how we can help you plan for long-term care, reach out to us at AmoryCare today.