Which reasons apply to you?
PEACE OF MIND - Long term care insurance helps provide peace of mind. People want the the peace of mind knowing that they have provided a safety net if a catastrophic health
event occurs. (What insurance is all about!)
ASSET PROTECTION - People want to protect their
assets because they have better places to give away their money than
to a nursing home: family inheritances, charities, foundations, scholarships.
BURDEN - People do not want to be a burden to
family members and friends.
FUTURE COST - People want a built-in inflation
escalator (additional cost) to protect them from the increasing costs of long-term care.
QUALIFY NOW - People buy this with their health.
Wise people know that the healthier and younger they are they can
qualify now for coverage with reasonable premiums.
CONTROL AND INDEPENDENCE - People want control
and independence in choosing where they live and the kind of care
ACCESS TO QUALITY CARE - People want access
to quality care and the ability to enter a facility of their choice.
AVERSION TO WELFARE - People have an aversion
to welfare, which is Medicaid, and the lack of choice and control.