Who Should Purchase Long
Term Care Insurance?
If you have accumulated assets over the years and
have a comfortable income, Long Term Care Insurance offers a fiscally sound
method of reducing the potential cost of Nursing Home and Home Care.
Without Long Term Care Insurance,
individuals pay for their own LTC until they spend down their assets to qualify
for Medicaid, the governments medical assistance welfare program.
LTC Insurance provides a method
for retaining your independence. By planning ahead, you can relieve your
family and those you care about with the physical, emotional and financial
burden of providing suitable Long Term Care.
Today, trust officers, estate
planners, accountants and attorneys are recognizing LTC Insurance as a viable
way of protecting their client's assets and independence.
Reasons to Consider Long Term
Care Insurance
- Independence
- Asset protection
- Choice and quality of care
guaranteed
- Alleviate the family's
emotional and financial stress
(Survey by Health Insurance Association of America)
