Who will take care of you when you are old? Is it fair that your children, if you have any, assume the burden? If you become unable to care for yourself now because of a disability for an extended period of time, do you have a long-term care plan?
Long-term care protects you from the significant financial risk posed by the potential need for care in your home, an assisted care facility, or a nursing home. It’s impossible to predict what kind of care you may need in the future or know what the costs will be, but an affordable long-term care insurance policy can protect you from the risk of much larger out-of-pocket expenses. The National Association of Insurance Commissioners has developed standards that protect consumers.
"Life is what happens to you while you’re busy making other plans." - John Lennon