As a physician, you know how a long-term health crisis can plunge an independent person into a period of physical dependency on others. But the costs associated with long-term care can be even more devastating – from nursing to medical equipment to income loss and more.
Fortunately, you may now apply for coverage to protect you and your family should you become unable to care for yourself due to aging, accident, illness, or deteriorated mental abilities. So even if you suffer a debilitating event, your financial future will be safe in the long term.
OMA Insurance understands the needs of physicians and their families. Long-Term Care Insurance protects your income, savings and assets, and alleviates the financial and physical stress on your loved ones through a variety of features:
A few more ways the benefit may be used while receiving Long-Term Care Insurance benefits:
These benefits are payable if you're physically dependent for longer than the applicable waiting period, regardless of where you receive care (at home, in a retirement residence, in a facility).
Coverage is simple and affordable. Premiums are based on the type of income benefit selected, the income benefit amount, and the coverage options selected. To learn more about rates and to get a quote, simply contact OMA Insurance at
firstname.lastname@example.org or 1.800.758.1641.
OMA Insurance works to streamline the underwriting process as much as possible, reducing the complexity and time required to arrange coverage. Here are the steps required:
Long-Term Care costs come in many shapes and sizes. So be prepared, because choosing the right coverage for the long term can make all the difference today, and at every stage of your life.
The descriptions in this fact sheet contain only general descriptions of coverages that may be available from multiple insurers and do not include all of the features, exclusions, and conditions of the policies that may be offered. All coverages are individually underwritten.
Some conditions apply. For full details, refer to individual policies.