A Long-term care insurance policy will help cover the costs of assisted living, nursing homes, and home health care. It exists in case you can no longer care for yourself due to age, disability, or a chronic condition.
Long-term care insurance can be a sensible coverage option for many. Especially when you consider the fact that, 70% of individuals 65 and over will need this type of care at some point as according to, the U.S. Department of Health and Human Services.
So why doesn’t everyone opt for this option? The truth[…]