Long Term Care insurance, that is. And no, I'm not talking about premiums:
"The top 10 U.S. long term care insurers paid about $11 million in daily benefits in 2010, according to the American Association for Long Term Care Insurance."
That's a better than 50% increase over what was paid out just 3 years ago, and with some ten thousand Boomers hitting age 65 each and every day now, that number's not going down any time soon.
And be sure to read Herman Bruns' excellent explanation of when you should be considering this valuable coverage.
"The top 10 U.S. long term care insurers paid about $11 million in daily benefits in 2010, according to the American Association for Long Term Care Insurance."
That's a better than 50% increase over what was paid out just 3 years ago, and with some ten thousand Boomers hitting age 65 each and every day now, that number's not going down any time soon.
And be sure to read Herman Bruns' excellent explanation of when you should be considering this valuable coverage.
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