| Long-Term Care Insurance |
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Long term care insurance can help you relieve the financial and physical burdens of care your family might otherwise face. Long term care can take place at home, in an assisted living facility, in a nursing home, or in your community through special programs. The chance that any individual will require long term care at some time is substantial. In fact, people at 65 face at least a 40% lifetime risk of needing long term care.1 A year in a nursing home is estimated to cost a national average of $50,000 with some areas easily costing twice that amount, and just three visits a week by a home care aide can add up to $12,000 a year with skilled help costing much more.2 The ongoing care of a family member can be difficult for your children or spouse, both financially and emotionally. With an appropriate long term care policy, you will not have to rely on your family for these very personal aspects of self-care. You can select a policy that provides ongoing care even if you remain at home, which many people prefer to do. What's more, with a long term care insurance policy, you protect your ability to select a facility that meets your needs and standards in the event that you can no longer easily stay at home. Please contact us to learn more... |
