Long term care insurance provides benefits to help pay for the care you'll need, while helping you protect your retirement assets, maintain your independence and avoid becoming a burden to your family. Americans are living longer than ever. As you age, the more likely you may become ill or have an accident that requires assistance with day to day activities. And that assistance can be expensive.
Learn more with the Smart Money long term care calculator.
See our Facts About Long Term Care and learn your odds of needing care in the future.
Since the passage of the Health Insurance Portability and Accountability Act (HIPAA) in 1996, it is now clear who is primarily responsible for paying for long term care - you. Long term care insurance is an essential component of your estate plan to protect your assets once you need long-term health care.