Choosing a Long Term Care Insurance Policy

Long term care (LTC) coverage can address the needs of a variety of individuals. Product features and delivery models can provide a solid combination of options: individual, multi-life and life insurance with a long term care rider. A long term care discussion should be part of any financial or retirement strategy. Why? Because a long term care event can impact your family, as well as your retirement portfolio or business productivity. nfortunately, a lot of people may make inaccurate assumptions about the costs of long term care and about the level of coverage that they have. People may think their standard healthcare coverage will pay for long term care. Or perhaps they assume government programs will be there to help. But when you take into account the considerable costs of long term care, not being absolutely certain could have financially disconcerting effects.