Save for Long Term Care | Bangor Savings Bank

Save for Long Term Care

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There are three fundamental ways to meet your long-term care needs. Long-term care costs can be covered by long-term care insurance of by qualifying for Medicaid. Self-insuring is typically the other option. If you are interested in going down the self-insurance path, you'll need to save the appropriate amount of money to meet your long-term care needs.

Insurance products are not deposits or other obligations of, or guaranteed by the bank, or an affiliate of the bank. Insurance products are not insured by the FDIC, or any other agency of the United States, the bank, or any affiliate of the bank. Insurance products may involve investment risk, including the possible loss of value.
Insurance products are offered through Bangor Insurance, a division of Bangor Savings Bank.