WHY DO YOU NEED LONG TERM CARE
                     WHY DO YOU NEED LONG TERM CARE 
Long term care (LTC) is not the subject that everyone would like to talk about 
with your  partner, kids or your family but LTC is really necessary. This covers the 
cost of nursing  home, assistance living or taking care at your home ( in home 
care). It provides to  protect your nest egg or financial status. Medicare does not 
cover long term care (very  limited). If you pay from your pocket, It can cost you 
$140.000 on average per year.  
 
Most of Americans will need some kind of long term care Insurance. After the age  
of 65, you have 70% chance to use LTC and 20% needs at least for 5 years. Most 
of the  American pay down their assets this care.  
Reasons to get Long Term care:  
1. To relieve burden from your family.  
2. To protect your saving or nest egg.  
3. To preserve your life style.  
4. To be able to stay home longer period of time.  
5. To have an options for your care.  
6. To have an options, which assistance living or nursing home would you like 
to go. 7. To leave your assets to your loved once.  
Who should NOT buy Long term care:  
If you have very little money. You may qualify for Medicaid, a government 
program  that pays for long term care and medical expense for poor people. If you 
are expected to  be in this situation, you do not need to purchased care insurance.  
Where to purchased Long term care insurance:  
Average cost of premium for Long term care is $2,700 per year which put the 
coverage  out of their reach for most of the American but the good new is there 
are some life  insurance plans which includes the long term care that means you 
can utilize the money  from your life insurance policy Ask you agent who can 
find the plan which fits within  your budget.  
Remember: Insurance does purchased with the money. You purchased it from 
your  health.