This is a continuation of Part 1 of this series…
Long term care insurance is designed to protect your finances from the costs associated with an extended illness or injury. This care could be provided for you at your own home or at a place of your choice. Long term care costs are very high. If these costs are protected you are less apt to outlive your resources. Identifying your needs and searching out coverage appropriate for those needs helps to keep premiums affordable.
There are also tax advantages for purchasing tax-qualified long term care insurance policies.
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