That is definitely possible to find a cheap AIG long-term care insurance policy. First, let’s learn a little bit more about AIG/American General and find out if they may be a smart choice for your long term care insurance needs.
That is AIG Long Term Care Insurance Company?
AIG stands for American International Group, Inc. They are a world leader in insurance policy and also in financial services. They have offices and operations in over 145 countries world wide to serve their particular customers from all over the globe. American World Group, Inc. If you’re ready to check out more info regarding Pflegeversicherung Kassel look into our own web-site.
or AIG services institutions, companies and individual customers from around the globe with insurance policies which range from auto insurance to life insurance and monetary planning. They also offer retirement services plus long term care insurance around the globe. When long term care insurance is new to you, you’re probably seeking each information and a secure provider for your needs. Here are some answers to your questions.
What Is Long Term Care Insurance?
Your basic health insurance is designed to cover well and sick doctor visits as well as several emergency and surgical procedures. But what happens after your insurance has met its obligation financially if you still need care? It’s not uncommon intended for injuries and illnesses to cause a lessened ability for patients to manage their daily living needs. While this need is most commonly associated with the elderly, younger incident victim or suffers with both acute and chronic diseases often see them selves in this position too.
While Medicare will kick in full payment for up to 20 days and partial help for up to 80 in come cases, you need to ask yourself if your present financial situation can cover the rest. So what might that be?
How Much Am i able to Expect To Pay For Long Term Care With no Additional Insurance?
The cost of long term treatment can be budget breaking. In today’s market an individual without long term care insurance can expect to pay over $1, 000 each week and upwards of $54, 000 annually. In years to come these cost can continue to rise. Paying these costs out of your own pocket can lead to monetary ruin rather quickly. With long term treatment insurance you can save yourself from these crazy medical costs. Also, consider the potential headaches it will save your loved ones if you already have this plan in order.
I Am With limited funds; Does AIG Have A Plan For Me personally?
AIG has long term care insurance plans to fit every budget, income and lifestyle. By purchasing your policy earlier in life you will have lower premiums since you are not a high risk for requiring long term care insurance in the near future. Along with AIG long term care insurance they can help you to customize a long term care insurance coverage that is right for you. With each program you can pick the amount of coverage you intend to have that will fit into your budget.
What Do You Mean By Picking The Amount Of Coverage I Want?
Picking the amount of insurance means that you can decrease the amount of professional medical expenses your long term care insurance policy will cover. For instance one day of long term care in a facility cost regarding $150. You can choose for your plan to only cover up to $100 from the fee for the medical care at the service, more or less. Of course you will be left to cover the rest but at least you will have a few medical expense coverage and protection.
You can also choose to lower the amount of days your long term insurance policy will cover your medical expenses. For instance, you can decide to have up to 6 months of long term care medical expenses covered rather than 3 years. Lowering the amount of coverage your policy will give you will also lower your rates and offer you a more budget friendly choice. AIG long term insurance company is there to assist you pick and customize a long term care insurance policy that not only offers you coverage but is also affordable.