With millions of Baby Boomers reaching retirement age, many Americans are recognizing the importance of long-term care. The need for such care can be unpredictable because the effects of aging and diseases like Alzheimer’s and Parkinson’s can strike with little warning.
LTC insurance allows individuals and their families to protect against the significant cost of caring for elders. There are three common LTC insurance options. Each type carries its own risks and benefits. LTC Policy Options