Long Term Care Insurance is too Expensive

LONG TERM CARE INSURANCE IS TOO EXPENSIVE

Long Term Care insurance is often more affordable than people think. Premiums are based on your age at the time you apply for coverage, so the younger you are when you get the protection, the more affordable it can be. Further, just one year in a nursing home is often more expensive than 20 or 30 years of Long Term Care insurance premiums. In most cases, after many years of paying premiums, the amount of benefits paid out of the policy will exceed premiums paid in usually within the first year.empty wallet