It takes courage to look your final years straight in the eye and bet on whether you will need nursing care.
We want to help you weigh the substantial cost of nursing care versus the eventual potential benefit of purchasing advanced nursing services. The problem of course is that you won’t know until the very end of your life whether you made the best choice. But by weighing your options now, you have at least put an important planning matter on the table – which is far more than most people do.
Another benefit of going through a process of assessing your eventual medical needs is that you may well find a way to take a significant burden off your loved ones. But as with any good insurance plan, it is only as good as what you are buying.
Long-Term Care (LTC) insurance is continually evolving, adjusting to the times. And the choices are frequently confusing, expensive, and complicated.
We’ll recommend key points to focus on so you can be prepared to ask the right questions when talking to potential insurers.
Let’s go through the pros and cons behind making this very important decision…