The Facts About Long-Term Care Insurance

We plan the best we can for our future by making sure we have safe-guards in place, such as savings, a retirement plan, health insurance and life insurance. It isn’t always pleasant to prepare for disaster and difficulty, but this planning makes hardships a little easier to bear. One additional scenario many Americans are planning for is the long-term care they may need as they age. The American Association for Long-Term Care Insurance reports that in 2012 over 8 million Americans were covered by long-term care insurance and over 264,000 people were taking advantage of long-term care benefits to pay for their care.

But long-term care insurance may not be for everyone. The monthly premiums can......