Studies show that 1 out 2 people will either need care in their home or be placed in a nursing home. Long term care insurance pays for that care. The insured can elect how much coverage they desire on a per-day basis. (Ex. $100, $200, $300 per day)
LTC also protects the insureds home from being seized by the government. In the event that a person needs to be moved to a nursing home and is not insured, the government will seize the persons biggest asset (their house) in order to pay for the care needed.
Our Partner for LTC can provide superior analysis to any individual or family.
Long term care insurance can be purchased on an “individual” or “group” basis.