Is Long-Term Care Insurance Right for You?

Long-term care insurance plays into risk management, and it isn’t right for everyone. By answering these four questions, you can hopefully determine if it’d be the right move for you and your family.

  1. Would a tragic event that leaves you relying on care insurance deplete you?
  2. What is the probability of needing long-term care based on family history?
  3. Do you have enough savings and retirement funds to pay for the care?
  4. Would you be able to reduce your estate to pay for it?