Why should I have insurance protection to cover expenses from long-term medical care?

A customized long-term care insurance policy, no matter what your age, may be one of the most important financial assets you can have. There are many other reasons why insurance protection against long-term medical care is important, perhaps they apply to you, your spouse, parents or other loved ones.

• It will preserve independence & create choices not otherwise available - for the caregiver as well as the ill or injured person.
• Quality care is guaranteed.
• Allows stay at home care as long as possible.
• It provides protection for assets and your standard of living.
• It provides much needed support for the caregiver.
• Insurance avoids financial burdens for your family.
• You can leave more assets for your family, church, or other worthy causes.
• Priceless peace of mind.

And you should also consider some important questions:

• Can your children quit their jobs to take care of you?
• If you work or if you are a stay-at-home Mom – is there anyone who will have the time and ability to provide care for you?
• If you have disability insurance, it only supplements a portion of your regular income. Will there be enough left over to also offset long-term medical expenses?


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