Delaying Coverage
Waiting too long to get coverage can make premiums unaffordable or leave you uninsurable.

Underestimating Costs
Failing to account for rising care costs leads to insufficient coverage and financial strain.

Relying on Medicaid
Assuming Medicaid will cover all your needs may limit your options and care quality significantly.

Incorrect Assumption
Believing you’ll never require long-term care can lead to ignoring this critical financial protection.

Medicare Coverage
Thinking Medicare will handle all long-term care needs can leave you with unexpected expenses.

Home Care
Failing to include home care in your policy might force you into facilities when you could have stayed at home.

Low Daily Limits
Choosing a low daily benefit may not cover the full cost of care, leaving you to pay out of pocket.

Employer Plans
Employer-provided long-term care insurance may not cover enough, and losing your job can cancel the policy.

Ignoring Inflation
Not including inflation protection can erode your benefits, making your policy ineffective over time.