Can long term care insurance be given as a gift?

Name: Arial Insurance Group
Address: 250 Parkway Drive Ste 150,, Lincolnshire, IL, 60069
Telephone: 847-325-5888

Posted on June 30, 2026June 19, 2026 by admin

Instead of giving a traditional gift, consider the gift of long term care insurance. Though a bit unconventional, gifting someone long term care insurance provides considerable value across posterity.

Serving Chicago, IL, the Arial Insurance Group team is here to help you select the right long term care insurance policy. This is your inside look at gifting the policy to a family member, friend or other individual.

Gifting Long Term Care Insurance is Easy

Even if the person on your gift list isn’t difficult to shop for, long term care insurance might still make sense. Take out such a policy for your special someone, and you’ll make them feel comfortable, at peace, and secure.

As an example, some of the most common gift recipients of long term care insurance include grandparents and parents. Though few know it, some individuals get long term care insurance for kids, especially those with disabilities.

The “Why” of Gifting Long Term Care Insurance

The reasoning behind the decision to gift long term care insurance is simple: it ensures sufficient care throughout the recipient’s life. When shopping for long term care policies, recognize each has its own unique nuances.

Ask for assistance from the professionals at the Arial Insurance Group, and you’ll move forward with a policy you are certain is right for your parent, grandparent, aunt, uncle, child or other special someone. This is the invaluable care your loved one needs across the aging process.

Contact Arial Insurance Group Today

Serving Chicago, IL, our long term care insurance professionals are a call away. Dial 847-325-5888 to find out more about long term care insurance and get a quote for yourself or a loved one.

Will I have to pay deductibles with health insurance?

Posted on May 29, 2026May 8, 2026 by admin

If you dislike deductibles, rest assured, you are not alone in your crowd. The silver lining is that most deductibles are affordable.

Do deductibles also apply to health insurance? Our health insurance professionals at the Arial Insurance Group have the answers for those living in and around Chicago, IL.

Health Insurance and Deductibles

Deductibles are included in most health insurance policies. The logic behind including deductibles is that they benefit the bottom line and keep the cost of care reasonable for everyone.

Deductibles are a fixed amount that policyholders pay before the insurer pays medical costs. Whether you are going to your primary physician, a specialist or another medical care provider, there’s a good chance a health insurance deductible will be required.

Deductibles Shouldn’t be a Deal-breaker

If you are on the fence as to whether you are going to obtain health insurance, don’t let the prospect of paying deductibles sour your viewpoint.

Though some health insurance deductibles can be several hundred dollars or more, most are surprisingly affordable.

High Deductibles Vs. Low Deductibles

Sift through the health insurance plan options, and you’ll find some have high deductibles while others have low deductibles. A plan with a low deductible is optimal for those with chronic health conditions. Low deductible plans are also optimal for families that are likely to visit care providers several times per year.

Alternatively, high deductible plans are optimal for those who are generally healthy and rarely visit the doctor.

The Arial Insurance Group is on Your Side

Health insurance is a call away. Dial 847-325-5888 to learn more about our health insurance plans for Chicago, IL residents.

Long-Term Care Insurance Versus Self-Funding in Chicago, IL

Posted on November 28, 2025November 17, 2025 by admin

Preparing for long-term care is a significant decision that should not be taken lightly. As a resident of Chicago, IL, deciding whether to buy long-term care insurance or self-fund is not always a simple decision. At Arial Insurance Group, we’re here to walk you through the process of determining which insurance policy and plan is right for you, based on your age, lifestyle, spending habits, and future plans.

Long-Term Care

Long-term care insurance protects your retirement savings and often provides more choices in terms of care settings and providers. Additionally, having long-term care insurance is a way to maintain peace of mind, especially as you approach retirement age. It’s important to note that many long-term care insurance policies also include inflation protection, which is ideal in higher-income locations, such as Chicago.

Long-term care is ideal for those between 50 and 65 and those who are in good health but may require supplemental care in the future. If you’re searching for a predictable way to protect yourself (rather than relying on savings), long-term care insurance may be best for you.

Self-Funding

Self-funded savings, investments, home equity, and additional income sources can also help cover medical expenses. Without premium payments and full flexibility, you can choose how to invest your money in the right insurance policies. Self-funding makes sense if you’re financially flexible and comfortable absorbing unpredictable costs on your own.

Understanding the difference between long-term care insurance and self-funding your retirement is crucial anytime you’re thinking of changing policies. If you’re in Chicago, IL, we can answer your questions and explain your options. Contact Arial Insurance Group. We’re currently serving Chicago, IL.

Can Chicago Residents Get Individual Health Insurance Plans?

Posted on October 31, 2025October 21, 2025 by admin

Are your group health insurance rates too high in Chicago? Considering investing in an individual health insurance plan with custom options and rates instead. Learn how from the local insurance professionals at Arial Insurance Group, serving Chicago, IL.

Can Chicago Residents Get Individual Health Insurance Plans?

Yes! Chicago residents can regain financial flexibility and control by investing in individual health insurance plans offered by a reputable local insurance provider. Individual health insurance plans are designed for people who don’t already have coverage through an employer, educational institution, or government program like Medicaid.

What Are The Benefits of Individual Health Insurance Plans?

A major advantage of individual health insurance is the various options for customization. Individual health insurance plans provide coverage for some of the same essential health care services as most group or employer-sponsored health plans.

Preventive care
Prescription drugs
Hospital visits
Mental health services
Urgent care visits
Telehealth care

Individual plans can include coverage for you, your spouse, your children, and other dependents. In some cases, you can also opt for plans with dental and vision care add-ons.

The great news about having individual health insurance is that your plan follows you, wherever you are. That means you don’t have to worry about taking out extended COBRA insurance when separating from an employer. (COBRA is a law that allows you to temporarily continue your employer-sponsored health coverage after a job loss or qualifying event.)

How Can You Get on an Individual Health Insurance Plan?

Starting an individual insurance plan in Chicago is easy when you have the support of a trusted local health insurance professional at Arial Insurance Group. Our agents can answer your insurance questions and provide you with a quote that includes you and your dependents. Contact us. We’re currently serving Chicago, IL.

Who Needs Long-Term Care Insurance?

Posted on April 30, 2025April 19, 2025 by admin

Many individuals in Chicago, IL, ponder whether they should invest in long-term care insurance, particularly if they have multiple health concerns. This type of coverage can bridge the gaps that regular health insurance doesn’t address. Arial Insurance Group can assist you in determining if you require a policy and which provisions best fit your situation.

Deciding When to Purchase Long-Term Care Insurance

The optimal time to secure a long-term care policy is before you need to utilize it. The earlier you purchase it and the healthier you are, the lower your annual premiums are likely to be. Premiums can vary significantly and may be challenging to afford for those on a limited income, but for some, the cost is justified. Long-term care policies are primarily targeted at older individuals, but younger people can also benefit if they are severely disabled or have a chronic illness.

Understanding What Long-Term Care Insurance Covers

Long-term care services come with a cost. Medicare only covers medical services in a long-term care setting; it does not cover the stay itself or custodial care, which provides assistance with basic daily needs. Older patients receive limited full coverage, up to 100 days in a rehabilitation facility, with a focus on returning to their everyday lives. However, some patients may never be able to return to living without assistance, necessitating them to find alternative ways to pay for their care.

Long-term care insurance provides funds for the following:

Home health aide or caretaker
Adult daycare or assisted living
Nursing home

Consider your assets when contemplating long-term care insurance. If you have substantial assets to protect, the cost of premiums may be worthwhile.

If you’re still uncertain about your needs, Arial Insurance Group, serving Chicago, IL, can help you find a suitable plan. Contact our office today to get started.

What Are My Options If I Lose My Job and Health Coverage?

Posted on March 29, 2025March 20, 2025 by admin

Health coverage is often tied to employment, making things tricky if you are let go due to poor performance, downsizing, or bankruptcy. For many, going without health insurance isn’t a choice. This is especially true when you have conditions that you need support with, or you have dependents who rely on your health insurance plan to get the care they need as well. What are your options? If you want to be prepared for the future, let’s see which avenues you could pursue should you lose your job-based coverage. If you want to avoid this in the future or need coverage now, you can trust us here at Arial Insurance Group, serving Chicago, IL, to help you find the best health coverage for your needs!

What Can You Do When You Lose Your Coverage?

You have several options at your disposal when you lose employment-based health insurance. Continuation is sometimes possible, allowing you to continue your insurance under your employer for a limited time. COBRA is another option, which is a sort of gap insurance that tides you over until you can get new insurance. Although it’s a very expensive option, it is often a last resort for many. The best option is typically to purchase private health insurance. Because losing a job is considered a qualifying event, you can purchase health insurance when needed. You will have to pay for the premium on your own, but it might be a better fit as you won’t need to worry about having a job providing health insurance.

Find the Best Policy for Your Needs With Arial Insurance Group

We here at Arial Insurance Group are always ready to help those in the Chicago, IL area find private insurance when needed. Contact us now to get started!

Using Long-Term Care Insurance in Accident Recovery

Posted on September 30, 2024September 25, 2024 by admin

Most people regard long-term care insurance as something necessary as you age. However, long-term care coverage can also pay for the support required following an auto or motorcycle accident. At Arial Insurance Group, we want our Chicago, IL, clients to fully understand the benefits of long-term care policies and their relevance to people of all ages.

The Role of Long-Term Care Coverage Post an Accident

Accidents at home in Chicago, IL, in an automobile, or on a motorcycle can result in serious injuries such as broken bones and traumatic brain injuries (TBIs). These conditions require extended recovery periods, including physical therapy and other rehabilitative therapies. While the responsible party typically pays a settlement, the injured person must often start their treatment before the court case is finalized.

In an at-home accident, if your insurance doesn’t cover the necessary care, your only option is to bear the cost of your treatment. Long-term care insurance can cover your stay in a rehabilitative hospital, regardless of your age. It can also cover the cost of medical assistance provided at home after your discharge from the hospital when you still need help to perform daily life tasks.

Long-term care insurance ensures that you can afford the medical and recovery care you need to achieve the best outcome possible. Even though it provides hospice care and other end-of-life services, that is not its sole purpose. Accidents can occur anytime, and long-term care insurance guarantees you can cover your recovery care.

Secure Your Future by Creating Your Policy Today

Reach out to Arial Insurance Group today to create a long-term care policy that safeguards your future. Let us assist you in providing your family with the necessary coverage.

The Crucial Conversation About Long-Term Care Insurance

Posted on January 31, 2024January 31, 2024 by admin

In life’s journey, the prospect of aging and potential long-term care needs is a reality that deserves thoughtful consideration, especially when navigating it alongside your spouse. Engaging in crucial conversations about long-term care insurance becomes integral to planning for a secure and comfortable future together. As you embark on this dialogue with your spouse, understanding the importance of long-term care insurance is paramount.

Long-term care insurance acts as a financial safety net, offering you and your spouse protection if extended care becomes necessary. Considering the unique challenges that may arise in the Chicago, IL, area, having comprehensive coverage is vital. Arial Insurance Group, serving Chicago, IL, recognizes the significance of preparing for the future, offering tailored solutions to safeguard your well-being.

As a couple, assessing your combined risk factors and discussing how potential long-term care needs might impact your lives is essential. Arial Insurance Group understands the intricacies of insurance laws and coverage options specific to Chicago, IL, ensuring that the policies align with your circumstances.

Initiating this conversation is an act of financial responsibility and a commitment to each other’s well-being. Arial Insurance Group provides authoritative insights and professional guidance, empowering you and your spouse to make informed decisions about long-term care insurance. By reaching out to Arial Insurance Group, you’re not just securing a policy but investing in a future that prioritizes your health, independence, and peace of mind.

Having a reliable partner like Arial Insurance Group can make all the difference in life’s journey. Start the conversation today, and together, navigate towards a future where you and your spouse are well-prepared for whatever it may hold.

Empower Your Healthcare Choices with Health Insurance in Chicago

Posted on December 31, 2023December 31, 2023 by admin

A comprehensive health insurance plan ensures your family can receive necessary and adequate medical care without straining your finances.

Many Chicagoans aren’t aware that they have options for choosing a customized, comprehensive health insurance plan – even if they aren’t members of health insurance plans provided by large groups, members of health insurance marketplaces, or if they declined the expensive payroll deductions for getting health insurance through your employer.

Empower Your Healthcare by Making Informed Decisions about Health Insurance

While access to various quality healthcare services in Chicago is abundant, so are the associated costs. Rising costs in healthcare mean that having health insurance is paramount. The insurance professionals at Arial Insurance Group in Chicago, IL, can help you make informed decisions about choosing the best health insurance policy to meet your family’s healthcare needs.

An Illinois health insurance plan can help you and your loved ones get easier access to quality healthcare services ranging from primary care to specialized treatments and emergency services.

One of the most essential benefits of having health insurance in Illinois is the ability to choose preferred healthcare providers and facilities that meet your needs.

Health insurance can give you more flexible options to consult with primary care providers and specialists who provide treatment and care services at some of the area’s most prestigious hospitals.

Talk to a trusted and friendly health insurance professional at Arial Insurance Group. Licensed insurance agents can help you choose healthcare plans with options for preventative care, emergency services, and specialized care.

Please don’t wait until it’s too late for you or your loved ones to get adequate health insurance coverage in Chicago, IL. Contact an agent to get a personalized health insurance quote today!

Finding a Health Insurance Policy that Rewards Your Healthy Behaviors

Posted on May 19, 2023June 7, 2023 by admin

Navigating the world of health insurance can be frustrating and stressful. It’s difficult to know what is and isn’t covered, which causes confusion and might mean you’re not receiving optimal care. You might not know this, but many health insurance policies reward you for healthy habits. Therefore, when choosing a health insurance policy, make sure you find one that accounts for your healthy lifestyle.

Rewards for Healthy Habits

You want to live a long and healthy life, and one of the best ways to do that is to look after your physical and mental well-being. That includes regular exercise, not smoking, weight management, dietary choices, and more. When your policy rewards you for these habits, it gives you extra motivation to keep them up while potentially offering financial rewards.

Ways Insurance Programs Encourage Health and Wellness

Your insurance policy may cover more than you realize. When choosing a policy that cares about your well-being, you may receive discounts or incentives for flu shots, blood tests, and community engagement activities like blood donations. Additionally, it could offer incentives such as free gym memberships contingent upon regular usage.

Insurance and Corporate Wellness Programs

When picking a policy for your employees, check out the health benefits they offer. They may provide financial contributions as part of the employee benefits package. Doing this will make your workforce healthier and happier, leading to better production and employee culture.