Nowell Agency, Inc. > Insurance News > Planning for Long Term Care Insurance in Mississippi

Planning for Long Term Care Insurance in Mississippi

Long term care is typically not covered by medical insurance. With advances in medical research and technology, most of us are likely to live into our eighties or beyond. Hence, the chances of needing long term care are high. However, it is not just seniors who require it; a young person who is ill or meets with an accident could also end up needing long term care. Not many of us are financially equipped to meet these ongoing and heavy expenses. Advanced planning will help maintain quality of life and ease both financial and emotional stress.

Key Facts about Long Term Care
Many individuals are uncertain about whether or not to invest in long term care insurance. The following statistics from the Family Caregiver Alliance® National Center on Caregiving will help you make the right decision:

  • An estimated 12 million Americans needed long-term care in 2007.
  • Not all persons in need of long-term care are elderly—approximately 63% were aged 65 and older while the rest were younger.
  • The lifetime probability of becoming disabled in at least two activities of daily living or of being cognitively impaired is 68% for people age 65 and older.
  • By 2050, the number of individuals using paid long-term care services will likely double (from the 13 million in 2000) to 27 million people.
  • The prevalence of cognitive impairment among the older population increased over the past decade. There could be an increase from 1.6 million to 6.2 million people age 85 or over with severe or moderate memory impairment in 2050.

Buy Affordable Long Term Care Insurance in Mississippi Today

Will you have the money you need if you get sick or injured and need long-term care? The cost of round-the-clock care for debilitating illnesses including Parkinson’s and Alzheimer’s can be financially devastating. Finding the right long term care insurance plan is critical to getting optimal coverage at a lower cost. Our commitment to protecting your independence and quality of life is what drives the experienced brokers at The Nowell Agency to get you the best coverage at competitive rates. We will help you explore your options and answer any questions that you may have. Individuals, families and business owners across Mississippi rely on us to protect their loved ones and their assets. Meet with one of our friendly, knowledgeable brokers today to discuss your long term care insurance options.

Request a quote for long term care insurance in Mississippi or call 888-434-9571 to schedule a meeting with a knowledgeable and experienced broker at The Nowell Agency.

GET A QUOTE

The Nowell Agency is committed to providing you with fast and efficient service. If you would like a quote on any of our products please complete the short form below and click submit.

Get A Quote Form

    Testimonials

    FROM OUR CLIENTS

    The Nowell Agency has been my primary agent for many years and they are attentive, well-staffed, and easy to talk to. Their agency has helped me through state to state moves and career change and kept my assets covered.

    James G.

    My very first insurance experience was when I bought my first house and I called the Nowell agency for a quote. I had no idea what I needed or how much and they were so very kind and knowledgeable and explained everything to me in detail which I so much appreciated. That has been 4 years ago and im still a customer never plan to leave.

    Ashleigh D.

    I have been very pleased with the quick and professional service by the Nowell agency. My agent was very efficient at locating a policy that met my needs and budget. Thank you to Kristy and the Nowell agency for providing me with fantastic customer service. I highly recommend this agency. You will not be disappointed.

    Tripp W.

    NOWELL INSURANCE KNOWLEDGEBASE

    best long term care insurance carriers

    Long Term Care Insurance 2021

    By

    October 18, 2021

    Long term care insurance is a very important topic that people should be aware of as they age. With the current system, seniors are relying more and more on family members to take care of them in their later years. As we continue to live longer lives, it’s expected that this trend will only increase. […]

    Risks of Lowering Auto Coverage 2021

    By

    October 18, 2021

    After the many ups and downs of the past year, man...

    Best Practices for Promoting Diversity and Inclusion in the Workplace

    By

    September 30, 2021

    In the past few years, there has been a major push...