Securing your future with comprehensive coverage

Find the best plan for you with the #1 health insurance agency in New Jersey
Click Here

long term care insurance

What is Long-Term Care Insurance?

When life is going good, we tend not to think of the what-ifs?

  • What if you are injured in an accident and can’t work for a while.
  • What if you become paralyzed?

It’s not fun to think of the what-ifs? But a lot of the uncertainties can be answered by long-term care insurance.

So what is long term care insurance? Long-term care insurance helps you pay for expenses needed if you are unable to perform basic activities for an extended amount of time due to illness, injuries, or disabilities. These six “activities of daily living,” also known as ADLs, are

  • Bathing.
  • Caring for incontinence.
  • Dressing.
  • Eating.
  • Toileting (getting on or off the toilet).
  • Transferring (getting in or out of a bed or a chair).

Employer based medical insurance doesn’t cover daily extended care services. Medicare will cover temporary (short care) at a nursing home or at-home care but only under very strict conditions. So this is why long-term care insurance is so critical. It puts all your what-ifs to bed. Long-term care policies come in various plans, prices, and coverage options.

Cosmo Insurance Agency is a full-service independent insurance agency based in Hackensack (Bergen County) and Lakewood (Ocean County), New Jersey that offers an all-encompassing range of insurance options for both individuals and businesses. Cosmo keeps its promise to assure an efficient and creative approach to the services we offer. Each of our clients experience a personalized and long-term relationship with us. Our New Jersey based team of health brokers guides our clients in helping them choose the most cost-effective options. By incorporating our knowledge of the insurance guidelines for healthcare, employee benefits, life insurance, self-insurance, dental, disability, and long term care insurance, we keep our clients up-to-date with affordable plans that cover all their specific insurance needs.