Long-Term Care & Disability
Preparing for the possibility of extended care is essential to protecting both independence and financial stability. At Petrosian Financial Group Inc., we provide strategies designed to address medical support, daily living needs, and income protection, giving families confidence that their future is planned with care.
On average, a person who requires long-term care benefits needs support for about three years.
Needing care can place an emotional and financial strain on families. By planning early, you can help ease this burden and make choices that protect both your health and your independence. Coverage is also easier to secure while you are healthy, which is why starting sooner provides more flexibility.
Long-term care (LTC) extends beyond basic medical treatment to provide the support you may need if a chronic illness, disability, or serious health condition prevents you from caring for yourself for an extended period (more than 90 days). While it is often associated with older adults, long-term care is also essential for younger or middle-aged individuals who may face a sudden illness or accident that limits their independence.
Receiving long-term care ensures that day-to-day needs are met, while also reducing the emotional and physical strain placed on family members who would otherwise be responsible for ongoing assistance. Planning for this type of care offers peace of mind, knowing that help will be available when it’s needed most.
You may require long-term care due to:
Planning ahead means protecting both your independence and your retirement savings. Without preparation, the responsibility often falls on loved ones — emotionally, physically, and financially.
Who will be by your side?
Where will your care take place?
How will the costs be covered?
Creating a clear roadmap for long-term care eases uncertainty for you and your loved ones. When decisions are made ahead of time, it reduces stress and ensures your wishes are honored. Take the opportunity now to put a plan in place that respects your dignity and protects what matters most.
