Just ask anyone that has been through it…….Your health can change in an instant.  If your recovery takes many months, or if you  will be needing care indefinitely, your long term care policy will be worth its weight in gold.  The good news is that more and more families are seeing the value in discussing care giving issues sooner than later.  Click on the link below to see an excellent article strongly supporting the purchase of long term care insurance.

USA Today 9-10-2014 Do Retirees Need LTC

Financial advisors and insurance agents are now increasingly wiser for their clients’ experiences. I know I am! They understand that a retirement stream of income can disappear due to a long term care scenario.  They understand that most people get sick and need care when they grow old and this places an enormous burden on their loved ones.  They know that insurance companies pay billions of dollars per year in claims. They understand the need.

People now understand that they could live into their eighties and nineties.  People are more and more worried about paying for health care during these years.  They increasingly understand the need to transfer some or all of this risk to an insurance company.