Most
of us are aware of the necessity for medical coverage, BUT we may
often neglect disability when determining our insurance needs. Disability
Insurance Protection helps replace income lost because of an accident
or illness.
Unfortunately, many of us will need disability income protection
sometime during our lifetime. One out of every three people will
be incapacitated for 90 days or more before he or she reaches the
age of 65 according to the Life Insurance Marketing and Research
Association.
Health Insurance is coverage which insures against the financial
loss resulting from sickness or accidental bodily injury. This is
a broad category and can include the following types of coverages:
* Accident Insurance
* Disability Insurance
* Major Medical Expense Insurance
* Accidental Death and Dismemberment Insurance
* Temporary Coverage Insurance
Long Term Care is a major concern of American families. Studies
have shown that Americans rank long term care second, behind saving
for retirement, when prioritizing financial needs. Unfortunately,
many Americans do not want to think about needing long term care
and, therefore, fail to plan for it. Others wrongly assume that
Medicare or standard health insurance policies will cover the costs
of long term care services. As a result of this failure to plan,
tens of thousands of Americans are impoverished each year by the
costs of long term care.
The best time to plan for long term care is before it is needed.
Start thinking about long term care when you plan for retirement.
If you are already retired, it is not too late to begin planning
for potential long term care needs.
Long term care includes a range of nursing, social and rehabilitative
services for people who need ongoing assistance. Most people in
long term care facilities are older, but many young people need
long term care during an extended illness or after an accident.
Assistance with routine personal needs such as bathing, dressing,
eating, toileting and taking medicine is the most common long term
care service. Long term care facilities also provide skilled nursing
and rehabilitative care, which is ordered by a physician and supervised
by skilled medical personnel such as a nurse or licensed therapist.
Long Term Care is offered in a variety of settings, which include
Nursing Facilities, Assisted Living Facilities, Facility Care Services
and Adult Day Care Services.
Stop by or call to get more information on Disability, Health Insurance
Products and Long Term Care/Nursing Home Protection.
These products:
* are NOT deposits insured by the FDIC or any federal government
agency.
* are NOT obligations of Peoples-Webster County Bank.
* are NOT guaranteed by Peoples-Webster County Bank.
* may lose value.
NOTICE: The bank is not responsible
for and has no control over the subject matter, content,
information or graphics of the web sites that have links
here. Please contact us at (402) 746-2251 with any concerns
or comments.
