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