Everyone knows why life insurance is important. However, as you learn about the different services that Alexander Financial Services offers, you may be asking yourself: what are these different policies in the first place, and why would I need them? The leader in financial services NC is here to show you the differences between plans, and why you might consider changing plans based on your needs.

Health Insurance

Emergencies happen. When these problems arise, you will want to ensure that you and your family are protected. Not only does health insurance cover any emergencies, health insurance also covers preventive care, like doctors visits. Here are some other benefits that may be covered under health insurance:

  • Pre-existing conditions
  • Mental and behavioral health services
  • Maternity care
  • Portions of cancer treatment costs
  • Prescription drugs
  • Some medical devices

Everyone can benefit from health insurance. Medical expenses are simply too high to pay for out of pocket. At the leading financial services NC, you may qualify for premium assistance to help cover monthly costs along with great benefits, such as:

  • Lower out-of-pocket maximums
  • Lower co-payments
  • Lower deductibles

Long-Term Care

Long-term care plans are designed to cover long-term services and supports. Buying long-term care coverage prepares you to take care of yourself later in life. There are a list of things that long-term care plans cover that aren’t covered by regular health insurance. These include assistance with daily activities such as:

  • Bathing
  • Dressing
  • Getting into/out of bed
  • Eating 

Most long-term care policies will reimburse you for care given in a variety of locations, such as:

  • Your home
  • Nursing home
  • Assisted living center
  • Adult day care center

It’s never too early to start thinking about long-term care, but the important thing to note is that you should not wait until you need care to buy coverage. The leader in financial services NC suggests that you start thinking about long-term care in your late 40s, and perhaps purchase your plan in your mid-50s to mid-60s. Alexander Financial Services offers a range of care options and benefits that allow you to get the services that you need, and skip out on the ones you don’t. Depending on how old you are when you buy the policy, the benefits that you choose and the cost of your policy will differ. Our financial services NC experts will help you choose the best plan so you can get the most out of your insurance. 

Alexander Financial Services | Greenville, Raleigh, and Pinehurst NC

As an award-winning financial services NC firm, Alexander Financial Services wants to work with you to find the best insurance plan that meets your needs. Finding the best insurance plan doesn’t have to be difficult. Let us help you put money back in your pocket. Schedule an appointment to talk with us today!