|
The purpose of Long Term Care (LTC) insurance is to provide the funds to meet the costs of care that arise at a point in later life, when a person is no longer competent to carry out activities of daily living (ADL's) and therefore need assistance.
The need for this cover has increased because families are more spread out than in earlier generations and less able to take care of elderly relatives. The problem has also been increased due to increasing levels of life expectancy and also expectations of quality of life in later years. With this linked to the concern over the standard of care that the state can provide, LTC becomes extremely important.
If care in your own, or someone else's later life is important to you, please contact Sheila Tarr I.F.S
|