Long Term Care Insurance Premium Comparison

Welcome To LTC.com - the premier long term care insurance information center. We are here to help simplify the process of understanding Long Term Care, and then help you decide if Long Term Care is Insurance is right for you.

First, let’s answer the Question: What Is Long Term Care?

Long Term Care (LTC) is assistance that people need over an extended period of time when they can longer take care of themselves due to accident, disability, prolonged illness or simply becoming older.

Long Term Care insurance helps pay for these Long Term Care services, which traditional insurance like Medicare, health insurance and disability insurance do not pay for.

Why Long Term Care Insurance? It’s very simple.

* Providing Choices:

Long Term Care services can typically cost between $20,000 to $100,000 a year depending upon what type of care you need, and where you receive that care. Most care is received in the home, while the rest is provided in an Assisted Living Facilities, Nursing Homes, and other similar facilities. If you’re like most Americans, you have not set aside money to pay for these services nor could you pay for care out of your monthly household budget. Long Term Care insurance gives you the freedom to choose where you will receive your care, and provide the finances you need to choose higher quality care.

* Preserving Assets:

Most of us share certain goals for our retirement years: security, independence, choices and control. Achieving these goals is dependent upon building and protecting your retirement income and investments. Long Term Care insurance will protect you from being forced to spend your own finances to provide care for yourself, your spouse, or a loved one.

* Protecting Families:

If you lack the resources needed to pay for care, you will have to rely on family members to care for you. Long Term Care insurance protects your family from the burden of daily care giving, the financial burden of paying for care, and the emotional burden of dealing with the whole process.