Long Term Care Insurance

Long term care (LTC) is becoming a major concern for our aging population. Seven out of every 10 Americans will need some type of long term care in their retirement.1 Long term care is not just for nursing home expenses; it includes care at home and assisted living facilities.

LTC insurance can play a big part in the quality of life you experience in retirement by supplementing your income from social security and other sources to pay these costs.

Many people look at the cost of comprehensive LTC Insurance and are discouraged by the cost of "total coverage". Often the best solution is to purchase just enough insurance to supplement your income and prevent you from having to liquidate your home and other assets. 

 

 

 

 

1US Administration on Aging, Department of Health and Human Services , April 2014