Homecare Insurance

The Facts

  • Over 75% of those 50 and older wish to age in their own homes and stay out of institutional care settings, yet:

    • Less than 50% believe they will have the means to do so.

    • 66% of Americans age 65+ will need home care services in the future.

The Reality

  • The average American will need, in today’s dollars, approximately $50,000 to pay home care costs not covered by Medicare.

  • It’s confusing and hard to navigate, or find best-in-class home-care service providers.

The Consequences

  • Family members end up shouldering the majority of the financial burden.

  • Standards of living are compromised.

  • If help is not well planned or delivered, the risk of falls and injuries can increase, which may result in a move from a cherished home to a nursing home.

Eligibility Requirements

  • Available to Ages 18-85

  • No long-form medical underwriting

  • Simple underwriting with five eligibility questions

Key Product Features

  • Entry-age pricing and guaranteed renewable

  • Available face amounts of $10k to $150k in $5k increments

  • Additional elements include:

    • Accelerated death benefit for chronic conditions or terminal illnesses

    • Support with at-home care planning from Wellthy along with a 15% discount on care services

    • Trust and will planning with a 10% discount

  • 10% discount on premium with household discount

  • Residual survivor benefit of 10% guaranteed