OVERVIEW

This is an insurance program that takes care of tomorrow, today. As you grow older, you may find you cannot perform all the usual daily activities of daily living. When this occurs, you may need to have a care giver come into your home to assist you. This essential service can cost up to several thousand dollars a month.

The other thing you may face is the development of a chronic condition that is severe enough to require you to enter a chronic care facility. These facilities can cost up to $1800 per month for government care and $10,000 for monthly care in a private nursing home.

In either case the costs can have a serious impact on your family finances - maybe even reducing your standard of living. The alternative is a plan that will reimburse you for some of these expenses. This plan called Long Term Care.

Long Term Care is designed for you, your spouse, your parents or other loved ones.

As lifestyle and health care improvements increase longevity, one of the concerns of the "boomer" generation is the potential need for long term care when self care becomes unmanageable. It's not fair to rely on family or friends to provide such care. Finances, skill or facility may well be out of the reach of loved ones to provide for one's needs. Several insurers have developed an insurance product that can provide tax free cash flow when it is needed.