Around 70% of Americans who are 65 and above will require long term care at some point of their lives. The cost of care is soaring nowadays, one of the reasons why people should get covered. A lot of people think that they will not need long-term care insurance but due to longevity and high cost of care, people should consider purchasing this. Without coverage, you might exhaust all your savings and put the financial burden to your loved ones. For optimum asset-protection and to protect your family as well, it’s recommended to purchase insurance for long term care.
Watch the video below to find out the top ten reasons to purchase long term care policy.