Who needs long-term-care insurance?
Who should buy long term care insurance?
Anyone who has something valuable that they want to protect or that has daily needs due to a chronic illness or a variation of disabilities. Having basic coverage on long term care insurance covers basic daily needs over an extended period of time. The Agency of Aging says, ” someone turning 65 has a 70 percent chance of needing some type of care of long term care coverage for their remaining years.”
Financial risks in purchasing long term care insurance?
Purchasing long term care insurance does have a cost, but a cost that outweighs the[…]