An opportunity to help improve your quality of life

Quality of Life
Quality of Life. A phrase heard often in recent years. Would your quality of life change if you were to need long-term care?

Living Healthier, Living Longer
As a woman entering the new millennium you probably eat healthier foods, take more vitamins, and exercise more than your mother and your grandmother. As a result, you can expect to live much longer than your maternal ancestors, and you may outlive your spouse. But increased longevity may also mean the increased probability that you will need long-term care, the assistance required as a result of the natural aging process or a lengthy illness, accident or cognitive impairment. The type and quality of long-term care services that you may one day receive could impact your standard of living and your quality of life as you age.

A Critical Issue For Women
Women traditionally provide and receive the majority of long-term care services. Thus the issue of long-term care should be important to you. During your lifetime you may need to care for other family members, care that may require substantial costs. At the end of your lifetime you may also need to receive care, again at potentially high costs.

Women as Caregivers
As a woman, you are more likely than men to assist aging or disabled family members with bathing, dressing, and other activities of daily living. You may also shop for groceries, do household chores, prepare meals, or give medications. If you care for children under age eighteen while caring for aging family members, you have become part of the emerging "sandwich generation" of caregivers. For example, you might be caring for an aging mom as well as two lively teenagers while managing a household and a full-time job — a potentially exhausting situation! Whether you are a wife, mother, daughter, sister, niece, or friend, your dual caregiving situation can take a toll on your own emotions and your physical health.

The Financial Implications
Providing long-term care may also have a substantial impact on your finances. The most obvious is the loss of work time and wages, as well as missed business opportunities such as promotions. You may need to adjust your work schedule to accommodate caregiving. You may incur additional costs for special medical equipment or for home modifications such as a wheelchair ramp. Thus, caregiving can affect your earnings, your productivity, and ultimately your quality of life.

Women Needing Care
One day you may find yourself in need of long-term care. You may not have someone to provide you with the care that you need. The quality of care that you receive, whether in your own home or in a nursing facility, and the ability to finance that care will surely be of importance to you. You will likely want to have choices, wherever possible, in the type of care that you receive.

Consider Your Options
Private health insurance. Medicare. Medicaid. Savings and assets. Your children. However, these options may not offer the most satisfactory solution for the potentially high costs of long-term care and for your desired care choices.

What is the Answer?
Long-term care insurance may be your best option. New York Life Insurance Company has addressed the long-term care needs of women. We offer long-term care insurance protection that will allow you to select the care that you prefer in the setting of your choice, including care in your own home for as long as possible. We can customize an individual long-term care insurance policy with benefits to meet your specific needs. Long-term care insurance can also help protect the savings and assets that you have worked so hard to accumulate. New York Life wants to help you maintain both your personal and your financial independence.

Planning for the Future
We hope that you will never need long-term care. But if you do, you may want to have New York Life's long-term care insurance protection. Consider long-term care insurance for yourself or for your loved ones who may one day need long-term care services. The sooner that you and your family discuss your long-term care options and expectations, the greater your choices.

Quality of Life. Take a moment to plan now and help ensure the quality of your life.

New York Life Insurance Company

Ask your New York Life Agent for more information regarding long-term care insurance or contact the LTC Call Center at 1-800-224-4582 for the Agent nearest you.

Please Note: This Web site is for informational purposes only. You should contact your professional advisors for legal, tax or accounting advice.

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