The rising cost of health care and the decreased ability of the federal government to aid in our growing elderly population’s health needs has made long term care insurance an essential ingredient in your clients’ control of their future. In fact, the federal government offers long term care insurance to all its employees and has even initiated the “Own Your Future” Long Term Care Awareness Campaign.

Just two years of long term health care can easily wipe out the life savings of many Americans. It can also have a devastating impact on dependents who find themselves in the position of caretaker. As an insurance producer in today’s world you have a responsibility to understand and teach your clients about long term care insurance.

What is your plan?
Some people believe they can self-insure by allocating personal savings for long term care.   Once you do the math, however, you'll see that a long term care insurance policy may be the better option.