Long term care insurance is the most misunderstood insurance product out today.
Many people think they don't need it. I am here to say if you have assets to protect,
you need it!
 
There is much misinformation out there telling people if you assets, you can self insure.
How much is enough assets???
Long term care expenses can run upward from $4000 per month. How many months would it
take YOU before you leave your spouse financially poor?
 
Everything you worked for your whole life can be wiped out by a long term care illness.
 
When is the best time to buy this coverage?
The younger you are and healthier you are, the less it costs.
Don't let anyone tell you to wait untill you are closer to needing it. This is the wrong information.
If you wait, you may not be able to qualify or it will cost you much more than if you get it at a younger age.
 
If you are a business or a self employed person, you may write all or some of the premiums off you taxes.
 
If you have a condition that will disqualify you for traditional LTC insurance, there are ways to still get coverage.
There is an annuity and also a life insurance product that provides for LTC protection as a side benefit.
 
Don't be misled by anybody that tells you the goverment will pay for your care!
With the state of the economy today and the state of Caifornia being so bad, this is BAD ADVICE.