The number of American families benefiting from Long-Term Care Insurance continues to rise. A new claims study indicates the major companies paid over $28.22 million a day in long-term care benefits in 2018 alone … over $10.3 billion annually.
Longevity has become a key part of retirement planning. The costs and burdens of aging impact high net-worth families as well as those with minimal savings. Long-Term Care planning is prudent for both.
The Long-Term Care Insurance Industry paid $9.2 Billion in benefits in 2017 alone, an increase from $8.65 paid in 2016. Policies are paying huge benefits reducing financial and physical burdens placed on the American family.