Long Term Care Insurance in Portland

Expenses for home care and other services that may be required if an accident or illness occurs are continuing to rise. Unfortunately, health insurance and Medicare lacks adequate coverage to help pay for long term care services such as home nursing, assisted living or therapy services to name a few. Due to this, if the unexpected happens and long term care is needed, it can often create a tremendous financial burden. Financial Investment Team (FIT) provides long term care insurance in Portland, Oregon and we can help you create a solution that best fits your needs.

What is Long Term Care Insurance?

Long term care insurance provides coverage for in home health care, nursing home care, assisted living and adult daycare services for those who have a chronic or disabling condition. For example, a person with a disabling condition may need assistance with dressing, bathing, cooking and other basic needs. Long term care is often expensive and typical health insurance or Medicare policies have time limits or other restrictions that leaves those in need of long term care responsible for having to pay out of pocket for services. Long term care insurance helps fill this gap, lessening the financial burden.

Who Needs Long Term Care Insurance?

Unfortunately long term care may be needed at any point during life due to accidents, chronic illnesses or other unexpected health issues. Due to this, long term care insurance is beneficial no matter what stage of life you're in.

Long term care insurance policies can be custom tailored to meet your specific needs. The professionals at Financial Investment Team will go over all of your options with you and help you assess the options that best meet your insurance goals. For more information on long term care insurance and all of the options available, contact FIT today.