Did you know November is Long Term Care Month?

Yes, November is Long Term Care Month!
If you are in a room with only 4 adults how many of them will end up need Long Term Care (LTC)?

The answer is at least 2!  I don't know who is going to need it but I know what percentage will need
it! That's over a 50% chance of needing LTC!

Do you  own a house? Do you have homeowners insurance? Of course you do! Do you know that you only have about a 1 in 1200 chance of having a house fire? That's less than a 0.1% chance of a fire but you  have protection against that risk.

Do you have auto insurance? About 98% of people have auto insurance. The risk of being in an accident is about 1 in 200 or 0.5%. But even with the low risk almost everyone insures the risk.

Why is that? It is because the risk of an event without the coverage is devastating to your financial health!

The risk of an uninsured LTC event is far more devastating than either of the two examples shown above. The average cost of a LTC event far exceeds the cost of replacing the average house! The average cost of a LTC event is 20 times the cost of a typical auto accident.

There are even products that protect those who are convinced it will not happen to  them.  If you  never need it you  get your money back!