Long Term Care Insurance ( LTC Insurance ) pays for more than nursing home care, it also has many benfits that are covered to care for you right in your own home.  It is a very diverse investment tool that can be used to protect you and your assets in a variet of ways. 

Over the course of a lifetime, you save and invest to reach many goals - a comfortable retirement, travel, a second home, a legacy for your heirs or a favorite charity. But accumulating assets is only one part of your financial plan - the other is protecting what you've saved.

When you make long term care insurance part of your financial plan, you're taking a vital step toward reaching those goals. Don't let the high cost of long term care interfere with your plans and dreams.

One year in a nursing home or 24-hour home care can cost more than $66,000 today. With costs increasing at about 4% per year, this care could cost $150,000 to $250,000 per year in 20 or 30 years.

Just as important as the impact of long term care can have on your financial security and independence is the emotional effect that it can have on you and your family. Caregiving is an act of compassion done out of love and concern for others. But so many factors, including distance, work, time, and other responsibilities, make it difficult and stressful for family and friends to do as much as they might like to help family members in need.

Long term care insurance saves you from having to rely too much on your family for financial help or physical assistance. It covers personal care assistance from licensed health care and home care professionals that you can receive at home as well as in care facilities. This protection ensures that the time you spend with your loved ones is more rewarding and enjoyable.