LONG TERM CARE INSURANCE

Long term care insurance is a type of insurance that covers the risk that you end up in a long term care facility. This type of insurance becomes more expensive the older you get. I once had a client who was over 80 and she was getting worried about the possibility that she would end up requiring long term care. I had to tell her that it was not available at her age. The time to consider ensuring yourself for this is when you are still in good health and in your late 50's to mid 60's. After this, it becomes very expensive. For a longer description of long term care insurance, please click on Long Term Care Insurance.