Long Term Care Insurance

Your golden years could be very expensive or very well thought out.

The day may come when you need long-term care. It can be very expensive and Medicare doesn’t usually supplement that cost. Without a way to pay for the expenses associated with long-term care, your savings could be at risk, as well as the financial security you planned on leaving your family.

How does Long-term Care Insurance cover these costs?

 In simple terms, Long-term Care Insurance helps provide the dollars to pay for care that you would otherwise have to pay for yourself. Depending on the level of coverage you choose, the insurance will assume some or entire financial burden should you require care in a nursing home or assisted living facility, or if you require home health care. Having the money to help pay for care can give you and your family the control to decide what is best when it comes to providing for your care.

Long-term Care Insurance can help protect your savings and assets, preserve your independence, and help your spouse and children with your personal long-term care needs.

Your USF FCU Financial Advisor can help you navigate through the various long term care insurance options.

*Representatives are not tax advisors. For more information regarding your specific tax situation, please consult a tax professional.  Representatives are registered, securities are sold, and investment advisory services offered through CUNA Brokerage Services, Inc. (CBSI), member FINRA/SIPC, a registered broker/dealer and investment advisor, 2000 Heritage Way, Waverly, Iowa 50677, toll-free (866) 512-6109. Nondeposit investment and insurance products are not federally insured, involve investment risk, may lose value and are not obligations of or guaranteed by the credit union. CBSI is under contract with the financial institution, through the financial services program, to make securities available to members.

FR-1194484.1-0515-0617

 

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