Do You Need Long Term Care Insurance?
What is Long Term Care Insurance? Long term care insurance, also known as LTC insurance, LTCI or long term health insurance, was created to cover the costs associated with the support and services you may need as you age. Unlike your traditional health care policy, long term care insurance reimburses policyholders for such services as in-home health care, the cost of assisted living accommodations and more. The U.S. Department of Health and Human Services reports that 70% of people age …
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