Protect Your Savings From Care Costs
Nursing home costs now exceed $100,000 a year — and Medicare won't cover most of it. Long-term care insurance keeps what you've built intact no matter what care you need.
The stakes
$324K
The average 3-year nursing home stay — at today's rates
That's the retirement you worked decades to build. LTC insurance is what stands between care needs and your life savings.
Genworth Cost of Care Survey 2025
The reality of long-term care in America
Most people underestimate how likely they are to need care — and how much it costs. These numbers tell the real story.
70%
of people over 65 will need some form of long-term care
U.S. Dept. of Health & Human Services
$108K
average annual cost of a private nursing home room
Genworth Cost of Care Survey 2025
3 years
average duration of a long-term care need
LongTermCare.gov
Three types of care — all covered
A good LTC policy gives you flexibility to receive care wherever makes sense — at home, in a community, or in a facility.
Nursing Home Care
Around-the-clock skilled nursing care in a licensed facility. The most comprehensive — and most expensive — level of long-term care. A good LTC policy covers the full daily benefit.
Assisted Living
A residential community with staff support for daily tasks like bathing, dressing, and medication management. Most people prefer this over nursing homes, and LTC insurance covers it.
In-Home Care
Professional caregivers come to your home. This is what most people want — staying in familiar surroundings. LTC policies typically pay a daily benefit you can use for in-home aides.
Who should consider LTC insurance
Ages 50–65 planning ahead
The sweet spot for buying LTC coverage. Premiums are far lower at 55 than at 65, and you still have the health to qualify for the best rates. Waiting often means paying two or three times more.
Protecting significant assets
Long-term care is the single largest uninsured risk in retirement. A three-year nursing home stay at $108K/year wipes out over $300,000 in savings. LTC insurance shields your nest egg.
Business owners & self-employed
No employer LTD plan, no pension to fall back on. Business owners often carry the most to lose — and have access to tax-advantaged LTC policies not available to W-2 employees.
How VeraLife helps you plan
LTC planning isn't a one-size-fits-all decision. We sit down with you, understand your situation, and build a strategy that actually fits — your health, your budget, your goals.
- ✓Access to 15+ A-rated carriers — we shop the market so you don't have to
- ✓Hybrid policy illustrations showing both LTC and life insurance benefits side by side
- ✓Partnership care riders that preserve Medicaid eligibility if your benefit pool runs out
- ✓Inflation protection analysis — your care costs in 20 years won't look like today's
- ✓Help understanding elimination periods and daily benefit amounts without the jargon
A common misconception
Medicare will not pay for most long-term care
Medicare covers skilled nursing care for up to 100 days after a qualifying hospital stay. After that, you're on your own. It pays nothing for custodial care — the help with bathing, dressing, and daily activities that makes up the vast majority of long-term care needs.
LTC planning is complex — let's make it simple together
We'll assess your situation, explain your options in plain English, and show you real illustrations from multiple carriers. No pressure — just clarity on one of the most important financial decisions you can make before retirement.
Cost statistics sourced from the Genworth Cost of Care Survey 2025. Policy features, premiums, and availability vary by carrier, age, health status, and state. This page is for educational purposes only and does not constitute financial, legal, or medical advice. VeraLife Insurance Group is a licensed insurance broker and does not underwrite insurance policies. Coverage is not in force until a policy is issued and the first premium is paid.