Long Term Care Insurance is the most important coverage that I work with, helping my clients to understand their options. Over the past 15 years, I’ve seen how the burden of providing care can wear down families and destroy the money saved over a lifetime in just a couple of years.
According to the website Caregiver.org
- Your mailbox has been stuffed
- The Internet is overwhelming
- Friends and family are adding to the confusion
SURPRISING FACT: Most people think of long term care as something that afflicts only the old.Did you know that half the Americans currently receiving long term care are UNDER the age of 65?
Long Term Care Insurance is really about asset protection insurance. It is designed to provide a pool of money to pay for the services individuals need if they lost the ability to care for themselves - if they had an accident or if, simply by aging, they became too frail.
If you are able to get approved for coverage, services can be received at home, in assisted living or in a nursing home. Some plans will even pay family members for providing care. Some plans are tax deductible. Some plans can even return the premium.
Get the facts! Download the Long Term Care Insurance Shoppers Guide or schedule 15 minutes on my calendar to learn if this coverage is right for you.