Long Term Care Planning

Long Term Care Insurance

The average period of long-term care is three (3) years.
7.6 million Americans receive long term care at home.
1 million Americans live in assisted living facilities - avg cost $3300 monthly.
The average cost of nursing home care in Ala in 2013 is $69,543 (and $83,580 nationally) HHS, National Clearinghouse
Long term care insurance may cover
Home-health care
Assisted living
Nursing home care

The Indexed Universal Life plan also comes with a free of charge rider called a Chronic Illness Rider that allows you to access up to 70% of the policy's death benefit for Long Term Care protection.

Long Term Care