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LONG TERM CARE
Statistics indicate that in the US, 52% of persons turning 65; 8% between 65 and 74;
and 17% between 75 and 84 will need some form of long-term care. Some persons prefer care to be provided at home while others prefer to be in a facility that offers all the necessary services. Whichever is used, the cost can be astronomical, especially over an extended period.
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Life insurance is one way of preparing to meet these expenses, and several options are available to help you prepare for this phase of your life.
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Shall we discuss them?
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