Secure your future and Protect Your assets with Long-term care Insurance
Coverage for assisted living, nursing care, and in-home support when you need it most
Long-Term Care Insurance for Lasting Peace of Mind
Long-Term Care Insurance helps protect your assets and independence by covering costs associated with assisted living facilities, nursing homes, adult day care, and in-home support services. At Peterman Insurance Services, our nurse-led expertise guides you through benefit triggers, elimination periods, and inflation protection—so you can plan confidently for tomorrow’s care needs.
Pays for a range of care settings—skilled nursing, assisted living, and home health aides—to match your preferences and level of need.
Inflation Protection Options
Safeguard your benefit’s purchasing power over time with automatic or simple-CPI inflation riders—so rising care costs won’t outpace your coverage.
Unused benefits can be partially refunded at policy maturity or death, and many plans offer shared or spousal pools—so you both draw from a combined benefit pool for flexible, family-focused protection.
Long Term Care and You
As we consider our future and retirement, it’s important to think about our long-term care needs. Long-term care insurance can provide financial protection and peace of mind for the approximately 70% of us who will probably need help with activities of daily living in the future.
Long-term care insurance is designed to cover expenses related to medical or personal assistance you may need due to a disability, chronic illness or cognitive impairment. It can pay for services such as nursing home stays, home health aides, adult daycare and assisted living facilities. Depending on your policy’s coverage limits and other factors like your age when you purchase the policy, long term care insurance could save you thousands of dollars in out-of pocket costs associated with these services if they become necessary later on down the road.
Additionally, having this type of coverage allows you more choice than relying solely on Medicaid – which typically only covers certain types of nursing homes – since many policies also cover alternative forms such as assisted living facilities that are often not covered by government programs. There are also tax advantages associated with some policies that allow premiums paid throughout one’s lifetime to be deducted from taxable income. Contact your tax professional for more information.
For those of us looking ahead at our potential healthcare needs down the line, investing in a quality long-term care insurance policy now could provide much-needed security should an unexpected event occur.
Questions? See our Long-term-care FAQs below or Contact Us.
Long-Term Care Planning
Long-term care is provided to people who can no longer function safely and/or physically on their own. Care can be provided by family members, paid caregivers, or facilities and can be very expensive. Women live longer so costs will be higher. Skilled nursing homes offer private rooms for $9,000+ per month and semi-private rooms for $7000+ per month depending on where you live. Wouldn’t you rather be cared for at home?
70%
Seniors age 65+ who will likely need long-term care in the future
3.7 years
Average long-term care facility stay length for women
How will you pay for your future care?
Your Long-term care insurance Questions, Answered
Find straightforward answers to common Long-Term Care Insurance questions—so you understand when benefits begin and how to choose the right policy features.