Questions About Long Term Care Insurance

• What is LongTerm Care Insurance?
  Long-term care is a step beyond medical and
  nursing care. It includes all the assistance you
  could possibly need if you ever have a chronic
  illness or a disability that leaves you unable to
  care for yourself for a prolonged period of time.
  Individuals can receive long-term care at home,
  in an assisted living facility or in a nursing home.
  
  
• Who needs Long Term Care Insurance?
  Most Americans plan carefully for their retirement
  while they overlook one of the greatest financial
  risks we all face as we age. That risk is the possible
  need for an extended nursing home stay or the
  need for continual care at home.
  
  Almost everyone has car and/or fire insurance.
  However, aproximately only one in about 1200
  homes actually catch on fire, and approximately
  one in 240 people use their car insurance. About
  60% of men and women over the age of 65 will
  need long-term care. By the year 2020,
  12 million people will need care, and most of these
  people will receive care at home.
  
  
• When is the best time to buy Long Term Care Insurance?
  The younger and healthier you are, the less premium
  you will pay over the course of your lifetime.