| If you are like most people, you do not want to | | | | because of an illness or disability, you will have to |
| be a burden to your loved ones as you age. As | | | | pay for any care out of your savings. Medicare |
| people are now living longer than ever before, | | | | will only cover a small portion of the care that |
| many are living until their children approach | | | | you receive. The rest will have to come out of |
| retirement age. The last thing any parent wants | | | | your own pocket. Once your savings are |
| to do is to burden their own children with their | | | | depleted, you will have to apply for public aid. This |
| care. | | | | may require you to be transferred to an assisted |
| You and your spouse have a 70 percent chance | | | | care facility that does not offer the quality as |
| that one of you will need long term care at least | | | | those that are privately funded. |
| once in your lifetime. If you do not have a | | | | It will ease the burden on your children |
| spouse, you have a 40 percent chance of | | | | Your children will not want to see you in a facility |
| developing some condition that will require you to | | | | where they feel you are not well cared for and |
| have long term care. This can happen at any time | | | | may try to take care of you themselves. This will |
| in your life - do you really want it to eat away all | | | | be a burden on them, whether or not they admit |
| of your savings? | | | | it. As parents, we never want to do anything to |
| Some reasons for getting long term care | | | | harm our children, even in our old age. We do not |
| insurance are as follows: | | | | want them burdened with our care. If we have |
| It will pay benefits that your insurance or | | | | long term care insurance, we do not have to |
| Medicare will not | | | | worry about being a burden to our children. We |
| After getting out of the hospital, you may end up | | | | can stay in comfort at a long term care facility |
| at a rehabilitation facility for a few months. While | | | | that is close to their homes. |
| your insurance will cover some of these costs, | | | | Long term care insurance can provide for you |
| they will not cover all of the costs. What they do | | | | whenever you need long term care. You can |
| not cover you will end up paying out of pocket. | | | | choose from a variety of different plans and the |
| This can take away most, if not all, of your | | | | cost will be determined by your age and general |
| savings. When you have long term care insurance, | | | | health. Long term care can insure that you get |
| you can rely on this to pick up what your | | | | the best care, that you do not burden your |
| insurance company will not cover. | | | | children and that you do not have to use all of |
| It will enable you quality care | | | | your hard earned savings paying for long term |
| If you are forced to go into assisted living | | | | care. |