According to the U.S. Department of Health and Human Services, nearly 70% of 65-year olds will need some form of long-term care in their lifetimes.  And long term care services are expensive with costs easily reaching 6 figures per year.  One of our clients spent over $10,000 every 2 weeks for 24/7 home health care.  Very few Americans could cover these costs.

We firmly believe that the risk of long term care is the largest unfunded liability that Americans face today.  There are several different solutions to this problem.  Here are some examples:

• Ignore the problem

• Self insure

• Long term care insurance

• Life insurance with a long term care rider

• Life insurance with a chronic illness rider

• Hybrid policies and products