As we age we know it’s likely that we’ll need some sort of external care. Most seniors I speak to are adamant that they don’t want to become a burden to their children. That’s admirable but it’s not always an option. Finding ways to make that desire a reality isn’t always easy either.
I know my Dad looked into and then rejected Long Term Care Insurance because it was too expensive. Fortunately for my sister and I, Mom most likely has enough money to live the rest of her life in the community she’s at now. That’s important because moving her again would be a nightmare I have no desire to repeat. Maintaining our Mom where she’s cared for and comfortable is our number 1 goal.
Reaching out to insurance agents about insurance options usually leads us down a sales path. That’s why I am happy to bring this episode to you. As a result of having a conversation with a broker you’ll have more knowledge when you talk to your own people. Most noteworthy, there are more options than in earlier years so give this a listen. There’s no sales pitch you have to sit through! This is a great way to answer many of your questions about long term care insurance.