For most persons it’s not easy to think of themselves ever needing assistance with basic daily activities like bathing, eating and getting dressed. But not thinking about does not change the fact that more than 70% of people 65 or older will need some sort of long term care services somewhere down their lives. That’s why long tem care insurance planning is so important.

Don’t wait to long to address the issue.

Because the costs of long tem care insurance are typically based on your age and health when you apply its wise to address your long term care needs sooner rather than latter, that way you might be able to get the best pricing on your insurance.

Could you cover the cost of care?

Could you cover all your living expenses and still be able to pay for long term care? Wealthy people might have the financial reserves or means to cover their long term care costs. But this is not a strategy for most individuals as what you are really doing is self insuring the risk of paying for your long term care costs.

It really doesn’t matter if you are wealthy or not, it makes perfect sense to insure one of your biggest financial threats. By paying an affordable premium you can protect your loves ones and your assets in case you do get to need long term care.

So do your self a favor, apply when you are still young and healthy, so you can have the coverage when you need it. Talk with one of our licensed consultant and find out how affordable long term care insurance can be.