Long Term Care Insurance

The use of long-term and home health care are on the rise because of medical advances and people living longer. If you think that Medicare will provide coverage for nursing home or at-home care, you could be shocked to know limited that coverage is. Medicare will pay for a short nursing home stay if you’re hospitalized for at least three days prior to your need for skilled care. Medicare will pay for the first 20 days, but you will be responsible for $148 a day for days 21 through 100. After that, Medicare coverage runs out. Medicare also provides limited coverage for home–health services: only when your doctor states that it’s medically necessary. Medicare Supplement Plans may provide more coverage but it is not extensive.  Long-term care costs can cripple a family if they don't plan ahead.. To prepare for long-term care issues, speak to your Financial Planner for options that are available to protect your future.

Grave Marker Insurance

With the Memorial Day holiday just around the corner, we often visit our deceased family members' plots in the cemetery.  Did you know that your homeowner’s policy covers your relative’s grave markers or mausoleums? Unfortunately, vandalism and theft happen to grave markers and even though your homeowner’s policy won’t cover your emotional upset, it will cover the damage to the grave markers anywhere in the world. The standard Homeowner’s policy pays up to $5000 but check with your Insurance Professional to see what your particular policy covers.