FHB’s long-term care insurance in Hawaii
Provide assistance for your family with long-term care insurance from First Hawaiian Bank.
Let’s make a plan that fits your needs
With the cost of private nursing home care in Hawaii estimated to approach $170,000 per year in 2023 and full-time professional home care fees rising to as much as $72,000 annually, long-term care insurance definitely plays a vital role in your financial plan.
Source: https://www.genworth.com/aging-and-you/finances/cost-of-care.html
Long-term care insurance is a protection plan that pays you a set amount when you can no longer live independently
Long-term care can help pay nursing home or assisted living costs—or even costs incurred if you’re disabled and confined to your home. Equally important, a long-term care policy can potentially mean:
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You won’t have to deplete your life savings to care for yourself.
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You won’t be forced to rely on government welfare programs to survive.
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Your family and loved ones won’t have to sacrifice their assets and savings to care for you.
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You will be able to maintain some of your independence.
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You will be able to preserve your assets and pass them on to your heirs.
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You will be able to choose the location for your care.
Ready to learn more?
Our Wealth Management experts are ready to chat.
First Hawaiian Bank’s Wealth Management Group provides investment advice and financial products and services through First Hawaiian Bank. First Hawaiian Bank does not provide tax or legal advice.
Investments, annuity, and insurance products are: NOT INSURED BY FDIC OR ANY GOVERNMENT AGENCY • MAY LOSE VALUE • NOT A DEPOSIT • NOT GUARANTEED BY FIRST HAWAIIAN BANK |
The insurance and annuity products are obligations of the insurance company and (i) are not insured by the FDIC or any other agency of the United States; and (ii) are not deposits or other obligations of, or guaranteed or insured by, First Hawaiian Bank or any of its affiliates. For certain cash value life insurance products there is investment risk, including the possible loss of value. |