Long Term Coverage can help protect your assets and provide security as you age
When one client suffered a stroke and another was diagnosed with cancer, the broker started recommending long-term care insurance to his clients. Long-term care insurance covers the costs of the day-in, day-out care for people with an acute or long-term illness or disability. Many policies only cover nursing home care; however consumers can now choose policies that allow for in-home, hospice, and assisted living care. Competition in the market has widened the options for the consumer.
Why Long Term Coverage For Everybody?
While many people buy long term coverage to protect assets, they also choose those policies because they don’t want to burden their families and want to make sure they get the best possible care for their money.
Canadawide, the cost of long term care can vary greatly from $35,000 to $75,000 a year. Long-term care polices, which are based on age, coverage level, and the applicant’s health, range from about $1,800 to $6,000 a year. Obviously where you live will affect these figures a lot. A long term care home in the country will cost less than...
To view and download this full PLR article, you must be logged in. Registration is completely free. Once you create your account, you will be able to browse, search & downlod from our PLR articles database of over "1,57,897+" on 1,000's of niches and 200+ categories without paying a penny. Click here to signup...
