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Who would benefit from Long Term Care Insurance
If you will not be able to pay for your long term care needs from your savings or investments, or you will not be able to rely on family or friends to take care of you or your loved one’s when you have a long term care event in your life, then long term care insurance could be a product that help you cover your expenses. So, what are the other benefits of long term care insurance?
It can also be used if you decide to transition or move from one care location to another, whether it’s in the same state or not. The only thing that might vary will be the costs of the care itself.