Long-Term Care Insurance in Knoxville, TN
Long-term care insurance helps pay for in-home care, adult day care, assisted living or a nursing home when you can no longer handle everyday activities like bathing, dressing or eating on your own. Medicare generally does not pay for this kind of long-term custodial care, so without a plan the cost usually comes from savings, family or home equity. We help Knoxville families compare their options while they're still healthy enough to qualify.
Your main options
- Traditional long-term care insurance: a dedicated policy that pays a daily or monthly benefit for covered care.
- Hybrid life and long-term care: a life insurance policy or annuity that can pay for long-term care, and pays a death benefit to your heirs if you never need care.
- Life insurance with a long-term care or chronic illness rider: lets you access part of the death benefit early if you need care.
- Self-funding: setting aside your own assets, which works for some households but puts savings at risk.
When to start planning
Most people look at coverage in their 50s or early 60s. Premiums are based on your age and health when you apply, and a health change can make coverage harder to get. Starting earlier usually means more options and lower cost.
Related planning
Long-term care often fits alongside life insurance, annuities and retirement income. See our article on indexed universal life and tax-advantaged retirement.
Why Knoxville clients choose Elite Insurance Group
- Independent: we compare multiple top-rated life, annuity and long-term care carriers instead of selling one company's products.
- Experience: our team brings 25+ years of insurance experience to every recommendation.
- No agency or broker fees: you pay the carrier's premium, nothing extra to us.
- Local: a family-owned Knoxville agency serving Knox, Blount, Anderson, Loudon, Sevier and Roane counties.
Frequently asked questions
Does Medicare pay for long-term care?
Medicare may cover a limited skilled nursing stay after a qualifying hospital admission, but it generally does not pay for ongoing custodial care such as help with bathing, dressing or eating, in a facility or at home.
What is a hybrid long-term care policy?
A hybrid policy combines life insurance or an annuity with long-term care benefits. If you need care, it helps pay for it. If you don't, your beneficiaries receive a death benefit, so the premium isn't 'lost'.
What age should I buy long-term care insurance?
Many people shop in their 50s or early 60s. Buying earlier generally means lower premiums and a better chance of qualifying medically.
Get a quote
Tell us what you need and a licensed local agent will follow up. Start your long-term care quote or call (865) 687-5140, Monday to Friday, 9 to 5.