Extended care · long-term care
A plan for care, before you need it.
Most of us will need help with daily activities at some point. Medicare doesn't pay for most long-term custodial care, and Hawaiʻi has some of the highest care costs in the country. A plan protects your savings and gives your family choices.
Your options
Ways to pay for care
- Traditional long-term care
- Pays a daily or monthly benefit for care at home, in assisted living or in a nursing facility. Typically the most coverage per premium dollar.
- Hybrid life and long-term care
- A life insurance policy that pays for long-term care if you need it, and a death benefit to your family if you don't. Premiums can often be guaranteed.
- Chronic illness riders
- Added to many life policies, these let you take part of the death benefit early if you can't do two of six daily activities on your own.
- Annuities with care benefits
- Some annuities increase payouts if you need care, and can be easier to qualify for than other options.
- Short-term care
- Covers up to a year of care with simpler health questions. Useful as a stopgap or for people who don't qualify elsewhere.
Timing
Why people plan in their 50s
Coverage costs less and is easier to qualify for while you're healthy. Many people start looking in their 50s or early 60s, often after helping a parent through a care situation.
It's also a family conversation. Planning ahead means your kids aren't forced to choose between their own jobs and caring for you.
Tell me a little
Get extended care options
Tell me what you'd like to protect and who would be covered. I'll follow up to talk through the choices.
If it doesn't appear, call or text (808) 209-5424 or email traviskimura@planbenefitshawaii.com.
How it fits together