Although we hope we’ll never need it, long-term care insurance may be necessary for some of us. Long-term care insurance is a type of insurance that helps pay for services and support that may be needed over a period of time due to a disability or chronic illness.
Services that can be covered with this type of insurance include:
- Daily living assistance, such as bathing and dressing
- Nursing care
- Therapy
- Adult daycare
- Home and community-based services
If you have questions, Elevate is here to help. Elevate is a financial wellness program that provides interactive, practical, unbiased online instruction in personal finance and investing. And the best part? It’s FREE for all North Shore Bank employees, ensuring that everyone has access to the tools and resources they need for financial security.
The course on long-term care insurance explains how it works and provides information about premiums, benefits, policy options, and more. Learn all about long-term care insurance and other financial topics by logging in to Elevate today!