Long-Term Care Insurance:
Protect Your Retirement Savings
Most people over 65 will need some form of long-term care. Without insurance, one health event can wipe out decades of savings. LTC insurance protects your retirement and your family.
After Age 65
Nursing Home Cost
Life Savings
& Assisted Living
What Is Long-Term Care Insurance?
Protect Your Savings from the Cost of Care
Long-term care insurance is a type of insurance that covers the cost of care when you need help with activities of daily living — like bathing, dressing, eating, toileting, transferring, and continence. It covers nursing homes, assisted living, memory care, and home health care.
Without LTC insurance, the cost of care can wipe out a lifetime of savings in just a few years. LTC insurance ensures your retirement income stays intact and your spouse isn’t left financially devastated.
Covers Multiple Care Settings
Nursing homes, assisted living, memory care, adult daycare, and in-home care. Wherever you need care, LTC insurance can help.
Protects Your Savings
One health event can cost well over $100,000. LTC insurance ensures your hard-earned savings stay intact for your spouse and heirs.
Peace of Mind
Knowing you’re protected from the cost of care gives you and your family peace of mind — today and for the future.
💡 Key Insight: The #1 threat to retirement savings isn’t market volatility — it’s the cost of long-term care. LTC insurance is the most effective way to protect your retirement from being wiped out.
How Long-Term Care Insurance Works
Simple Protection for Your Biggest Retirement Risk
When Benefits Are Triggered
LTC benefits are triggered when you need help with at least two Activities of Daily Living (ADLs) :
- Bathing — washing yourself
- Dressing — putting on clothes
- Eating — feeding yourself
- Toileting — using the bathroom
- Transferring — moving from bed to chair
- Continence — controlling bladder/bowel
📌 Most policies also cover cognitive impairment (like Alzheimer’s or dementia) — even if you can still perform ADLs.
What the Policy Covers
- Nursing home care — skilled nursing facilities
- Assisted living — residential care facilities
- Memory care — Alzheimer’s and dementia care
- Home health care — in-home care and support
- Adult day care — daytime supervision and care
- Hospice care — end-of-life care
💡 Many policies offer a daily benefit amount and a benefit period (e.g., 2-5 years).
Long-term care insurance is the only way to protect your savings from the cost of care. Without it, a single health event can drain a lifetime of savings in just a few years.
The Cost of Long-Term Care
Why You Need LTC Insurance
The numbers are staggering. Without LTC insurance, the cost of care can destroy your retirement plan in a matter of years.
Nursing Home Costs
- Private room: well over $100,000 per year
- Semi-private room: well over $90,000 per year
- A 3-year stay can cost over $300,000
- Many families exhaust savings in 2-3 years
⚠️ A single health event can drain your entire retirement savings.
Home Care & Assisted Living
- Home health aide: over $60,000 per year
- Assisted living: over $65,000 per year
- Adult day care: over $20,000 per year
- Most people prefer home care — but it’s not cheap
💡 LTC insurance covers both facility care and in-home care — so you can choose where you want to receive care.
Without LTC insurance, one health event can cost $300,000 or more. With LTC insurance, you pay a fraction of that — and your retirement savings stay intact.
📋 See How Much LTC Insurance Costs →
Traditional vs. Hybrid LTC Insurance
Which Is Right for You?
There are two main ways to protect yourself from the cost of long-term care: traditional LTC insurance and hybrid policies that combine LTC with life insurance or annuities.
Traditional LTC Insurance
- Pure LTC coverage: Covers nursing home, assisted living, and home care
- Annual premiums: Can increase over time
- Use-it-or-lose-it: If you don’t need care, premiums are gone
- Lower initial premiums than hybrid policies
- Best for: Those who want pure LTC protection at the lowest possible cost
💡 Traditional LTC is typically purchased between age 50-65 for the best rates.
Hybrid LTC Insurance (Life + LTC or Annuity + LTC)
- Combines LTC with life insurance or annuity — two products in one
- Death benefit: If you never use LTC, your beneficiaries receive a payout
- Fixed premiums: Premiums are typically guaranteed and never increase
- Higher premiums than traditional LTC
- Best for: Those who want both LTC protection and a guaranteed legacy
💡 Hybrid policies are increasingly popular because there’s no “use it or lose it” — your family gets something either way.
The right choice depends on your priorities. If you want the lowest cost and don’t mind “use-it-or-lose-it,” traditional LTC may be the better fit. If you want guaranteed premiums and a legacy, hybrid policies are worth a closer look.
📋 Compare Traditional vs Hybrid →Meet the Captain of the Ship
You deserve advice from someone who knows Maryland, understands family, and has been protecting people since 1997. Let me introduce myself.
Danny Walsh
Independent Life & Long-Term Care Specialist
I was born at Holy Cross Hospital in Silver Spring and grew up at Saint Andrew the Apostle, St. John the Evangelist, and Our Lady of Good Counsel High School. I went on to earn my degree from the Smith School of Business at the University of Maryland. I’ve been helping families answer “What insurance is right for me?” since 1997.
Over the past three decades, I built two other businesses alongside my insurance work — Guardian Funding Inc., one of the top mortgage originator operations in the nation from 1996 to 2008, and Lightning Wear Apparel, one of the only team uniform manufacturers in the country. Both employed over 100 people at their peak. During those mortgage years, I helped hundreds of homebuying clients protect their loans with mortgage protection insurance.
But my most important job isn’t at the office. It’s at home, where my wife and I are raising our four amazing kids: three daughters and one son. Everything I do, every policy I recommend, is driven by the same question: “Would this protect my own family?”
“When I talk to clients, I see myself in their eyes. They want the same things I do: to protect their family, to never be a burden, and to leave something behind. That’s not just a transaction. That’s a promise I make to every family I work with.”
— Danny Walsh, Independent Agent · NPN 3028543
I genuinely love the people I get to work with. My job is simple: listen, understand what keeps you up at night, and find the product that lets you sleep again. As an independent broker, I work for you — not an insurance company — and I have access to 20+ A+ rated carriers to make sure you get the right fit.
Protect Your Retirement Savings.
Get LTC Coverage Today.
Compare long-term care quotes from 20+ top-rated carriers. No obligation. No pressure. Just honest advice from an independent broker who works for you — not an insurance company.
📋 GET YOUR FREE LTC QUOTE →USA Life Insurance · Brookeville, MD 20833 · 301-304-6009 · info@mdlifeins.com · Licensed in MD, VA, DC and nationwide. Danny Walsh, NPN 3028543, has been licensed since 1997. Long-term care insurance quotes are illustrative only. Actual premiums depend on age, health, coverage amount, benefit period, carrier, and state. This page is for educational purposes only and does not constitute financial, tax, or legal advice. All insurance products are subject to carrier underwriting and approval. Legal · Privacy Policy