Long Term Care (LTC) insurance provides individuals with a tax-free benefit in the event that they would require assistance with 2 of the 6 activities of daily living (depending on the provider).  Those activities include bathing, dressing, eating, maintaining continence, toileting and transferring.

The proceeds received from a Long Term Care policy can help prevent individuals from having to deplete their savings and/or forcing their family into debt due to unforeseen or unplanned for medical expenses.

There are several factors to investigate when determining which Long Term Care policy is right for you.

Most importantly Long Term Care Insurance provides you with the ability to afford the assistance you need, when you need it the most.