Part 3 – LTC Insurance

Understanding LTC Insurance

There are many reasons why people buy long-term care insurance. Do any of these apply to you?

  • Preserve your independence 
  • Guarantee your choice of care and caregivers (allow you to stay at home as long as possible) 
  • Protect your assets and standard of living 
  • To avoid being a burden to your family 
  • To leave more assets to your family, church, alma mater, or other worthy cause 
  • Peace of mind 

This section of the web site will help you determine if long-term care insurance is something that makes sense for you and your family. Here you will learn about the standard features and benefit choices in a long-term care insurance policy, as well as what determines the cost of the insurance and what to look for in a carrier. About 7 million Americans have turned to private long-term care plans to protect their assets. – ”Long-Term Care Insurance in 1997-1998, Coronel, Susan, Health Insurance Association of America, March, 2000”