Main Menu
Contact An Advisor

Long Term Care Insurance

At Stonepath Wealth Management, we understand the importance of and focus special attention on long-term care.
Speak With an Advisor

What is Long-Term Care?

Long-term care refers to the assistance and protection that is given to people with a chronic illness or a disability. As medical advances have coincided with an increasing average life expectancy, long-term care has become increasingly more important. Along with the benefits of a longer life are the increased risks of disability and chronic illness, such as Alzheimer’s disease. For someone with Alzheimer’s, the 24/7 care that is needed can be very expensive. Without adequate planning, many families have faced financial tragedies when confronted with unexpected disabilities or illnesses.
holding elderly mans arm

There’s No Place Like Home

At Stonepath Wealth Management, we believe it is important to insure against the unexpected and unknown. According to the U.S, Department of Health and Human Services, at least 70% of people over the age of 65 will require long-term care services at some point in their lives. However, contrary to popular opinion, private health insurance and Medicare does not cover the majority of necessary long-term care. We understand that most people would like to live in their own homes for as long as possible. Although long-term care policies do cover nursing home expenses, many long-term care policies also make it possible for you to stay out of a nursing home as long as possible, covering the expenses of 24/7 assistance.

Planning is essential, and depending on the individual certain long-term care policies are better than others. Based on our clients’ individual needs, we can target certain long-term care policies that provide adequately for long-term care and insure against the risk of the unknown.

Speak With an Advisor

Get In Touch

We are here to help you with all your financial planning needs. Send us a message and we will connect with you shortly.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Who We Are

Main Menu

What We Do

Main Menu

information

Main Menu

Blog insights

Account Access
Subscribe to Email
stonepath wealth management white logo

SPWM Advisors LLC (“Stonepath Wealth Management”) is a Registered Investment Adviser. Advisory services are only offered to clients or prospective clients where Stonepath Wealth Management and its representatives are properly licensed or exempt from licensure. 

Blog content provided exclusively by Oechsli Institute.

Working with a SmartVestor Pro does not guarantee investment success, and no assurance can be made that working with a SmartVestor Pro will produce better results than working with a financial professional not affiliated with the program. Financial professionals pay a fee to be a SmartVestor Pro. Neither Dave Ramsey nor SmartVestors are affiliates of or affiliated with Stonepath Wealth Management.  Stonepath Wealth Management does not provide tax or legal advice. 

stonepath wealth management color logo