Phoenix Long Term Care Insurance

Written by Norene Anderson
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Phoenix long term care insurance can be used in many of the beautiful assisted living facilities. Specialized services in some complexes include qualified medication aides for 24-hour care, licensed nurses for regular health assessments, and supervision by an on-site registered nurse. There is also an on-site chaplain for spiritual support.

If you are making plans for your future retirement, it is important to include a long term care insurance policy. The probability of baby boomers living long enough to require some type of assisted living is very high. Better nutrition, exercise, and healthcare have increased the life span expectancy. The projections are for the population over the age of 80 to continually increase.

Coverage by Phoenix Long Term Care Insurance for Peace of Mind

Failure to include long term care insurance is taking a wild chance on life. The cost of full-time care can easily exceed $50,000 a year. In most cases, it reaches near the $100,000 figure. It takes wise financial planning to keep the cost of assisted living from destroying the family's financial structure.

The cost of premiums will vary as much as $8,000 a year or more, depending on the type of coverage you choose and the place of residency. If you plan to retire in Phoenix, you need to price the assisted living services provided in nursing homes and adult care facilities to know how much insurance you need to purchase for full coverage.

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