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