Archive for February 19th, 2009
Long Term Care Health Insurance - Do You Need It?
Long Term Care Health Insurance - Do You Need It?
You might have heard about the term long term care insurance, also known as long term care health insurance, but do not know about it. You have spent valuable time surfing the Internet and making a list of insurance companies who claim to provide insurance covers at low rates.
How to Find Cheap Nevada Long Term Care Insurance Rates
Finding cheap Nevada long term care insurance (LTCI) may seem like an impossible task. However, if you compare the average insurance premiums (about $250/month) to the daily rate of a nursing home stay (about $250/day), long term care insurance seems like quite the bargain. On average, the cost of a monthly LTCI premium would pay for one day of nursing home care. Even if you end up paying your long term care insurance premiums for 20 years, a one year long stay in a nursing home facility will more than recover your premiums.
The Dangers of Long-Term Care and Not Having Long-Term Care Insurance - It’s About Your Family
Long-Term Care insurance has a place and there are good uses for it. Some people own it for asset protection, estate preservation or an aversion to welfare. I think you should own Long-Term Care insurance to protect your most precious asset: Your Family and consulting a Long-term care specialist is the way to see if it is appropriate for you. Asset protection - O.K, estate preservation (same thing really), aversion to Welfare-O.K, Protecting your family, Definitely!
