Long-term care is something that most people may not think they need, or might think is covered by health insurance or Medicare. The fact is, if you live to be 65, there's a 70% chance you'll eventually need some kind of long-term care. But aging isn't the only reason to plan for long-term care – it's there for you if a chronic illness or disabling injury prevents you from living on your own or properly caring for yourself, no matter how old you are.

 

Important factors in deciding this coverage is right for you:

 

• You want to be able to get quality care quickly.
  If something happens, a long-term care plan helps you have the funds ready when you need them. 

 

• You want the freedom to either stay at home, or get care at a good facility.
  Whatever choice you make, having a long-term care plan in place helps you afford it. 

 

• You want to protect your nest egg.
  Planning for long-term care can help prevent losing a lifetime of savings. 

 

• You want to be able to leave an inheritance.
  Long-term care planning helps keep your legacy intact for your family, friends, or charity.