Long Term Care insurance coverage
According to the National Council on Aging Americans are living longer, however can be in diminished capacities like experiencing dementia or any one of other memory loss syndromes or diseases.
Our parents and siblings are living longer, but are less likely to be able to remain in the home. This can obviously create extremely high out of pocket expenses.
Long Term Care insurance is making a resurgence, as most families don’t want to rely on the family assets to cover the costs, but instead are investing in individual or couples’ policies to get help paying, thereby are preserving the hard-earned legacies created.
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