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Did you know
that the costs of long term care may diminish a persons assets within
several years? All
of the assets that you accumulate for your retirement could be taken
from you to pay for long term care expenses. Are your assets at
risk?
Insuring your
home or automobile is a common practice. Most people do not think
twice about it as it is a necessity in today's world. However, many
people do not give much thought to long term care. Were you aware
that long term care costs can far exceed the value of your home?
"The
median cost of care in an assisted living facility is $30,000
per year."
(Adult Day Care Services, ARRP, Feb 2004)
TRUE
STORY: Before entering the Lutheran Retirement Home in Iowa in
November 1997, Mrs. Philipps paid $9,480 in monthly installments
of $197 over a four-year period. Thus far, she’s collected $80,400
in benefits from the policy. - HIAA
Protect yourself and
your family by becoming educated about this potential for financial
and emotional devastation. Use this web site to expand your knowledge
about long term care and the devasting effects it could bring to
you and your family.
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