Long Term Care insurance (LTCi) is an extremely important part of a financial plan.
LTC insurance came into existence approximately 35 years ago. As a result, we are experiencing constant change in the types of policies available in addition to makeup of the “typical buyer” of LTCi.
This type of insurance includes a wide range of medical and support services for people with a degenerative condition (e.g. Parkinson’s, stroke, etc.), a prolonged illness (cancer) or cognitive disorder (Alzheimer’s). More >