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.
Longevity has a big impact on your savings and your family. These are the 7 reasons why affordable Long-Term Care Insurance will ease those burdens.
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.
Many consumer’s use the internet to research Long-Term Care Insurance. Plans can be very affordable, but be sure to understand options available as you research.
More people today are wanting to plan for the financial costs and burdens of aging. The risk of needing Long Term Health Care is high but few insurance agents are able to help with LTC.