Light of Gray

Elder Care Expertise

Long Term Care Insurance: Better Now Than Later

We are living longer than ever. The chances that at some point in your life, you will need some kind of assistance in getting through your days are very high. Will you have someone available to help you? Will you have the resources to pay someone? Do you have insurance to defray some of the cost?

If you don’t know the answer to these important questions, here’s a great resource I found thanks to another wonderful caregiver blogger, Ann Napoletan: LTC Facts.

Ann’s blog about her own personal caregiving journey is here.

She also has a caregiver support blog.

It’s important that you know that the field of providers continues to narrow. Getting approved for this important financial tool is becoming more difficult as expenses escalate and the likelihood that insured people will file claims in their life time increases. It’s a bad bet for insurers, and they are hedging. The longer you wait, the more expensive it becomes. And trust me, you don’t want to face a future without some kind of net! Here’s hoping you never need it, but if you do, it can save you from being wiped out and avail you of important support services. And learning about it is free!

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