For some people, long term care insurance is an affordable and worthwhile form of insurance to have. Long term care is not offered as a Medicare benefit; rather, more than half of nursing home costs are paid by individuals and their families. Buying long term care insurance accounts for of your age, health status, retirement objectives, income, and wealth. Most long term care insurance policies offer to pay a fixed dollar amount each day you receive care. Other companies offer to pay a percentage of the cost of services or a specified dollar amount to cover the actual charges for care.

Long Term Care Insurance Policy Learn more about long term care insurance policies.

Buying Long Term Care insurance - Learn more about buying long term care insurance.

When buying long term care insurance it is best to check with several companies and agents to compare policy coverage and costs. You should also take your time and compare outlines of coverage to fully understand your policy. You must remember that your medical history is integral and you must be accurate and detailed.

Long Term Care Insurance Calculator - This calculator can help you determine if you are financially prepared for the expense of long term care.