Our founders have direct experience with a family member who suffered a catastrophic health event and now requires Long-Term Care.

We are currently experiencing the financial and emotional consequences that such an event places on family members.  We understand the physical and emotional toll on family members who must help a parent eat, use the toilet, or take a bath.  We also understand how difficult it is for the parent to need this type of assistance from a child or grandchild.

We established this site to help provide information associated with Long Term Care, such as:

• The specific insurance and regulatory definition of what constitutes Long Term Care
• The main options for funding Long Term Care expenses
• The myths around what other types of insurance cover Long Term Care expenses
• The benefits of Long Term Care Insurance
• The cost of Long Term Care Insurance

Current statistics indicate that almost 70% of those over the age of 65 today will require Long Term Care.

We at LongTermCareInsuranceFacts believe that the aging baby-boomer generation will seriously stress the Long Term Care industry; rapidly increasing demand relative to the available supply of service providers will cause the costs of Long Term Care services to increase significantly.

Moreover, as medical advances allow people to live longer, the care related to dementia will become a critical cost, due mainly to the length of time (in years) that the care is required, as well as the amount of care needed every day.

Because of these factors, we believe that insuring against this risk, while not for everyone, is a very good option for many people.

You insure your car, your property, your life, and your health. If you are over 50, you should seriously consider insuring against the risk of Long Term Care expenses: protect your retirement income, your assets, and your family.