Long-term care insurance is purchased for many reasons. In this article I focus on the number one reason you should purchase long-term care insurance. Long-term care insurance puts a plan in place that provides for your loved ones and brings peace of mind at the same time.
Everyone knows a family that has suffered a catastrophe. Long-term care events happen to young working adults as well as active seniors who are just aging as gracefully as possible. The difficulties families face after the catastrophic event are determined by how well they planned. We all know that advance planning is critical.
So, why do so many people fail to plan for such an occurrence? The key reason why people don’t plan is fear and discomfort with facing the prospect of family tragedy especially one in which you are involved. Who wants to discuss your own aging, becoming frail and eventually needing help with the activities of daily living? It is easier not to approach the subject that to picture oneself getting and needing assistance with activities that we take for granted when we are in our youth.