Some people say that they don't want to bother getting long term care insurance policy because it is so expensive unlike the other types of insurance such as health and life insurance. So what they do instead is save a portion of their salary and keep it for their retirement funds. But do they know that when they grow old, retire, and suddenly become incapacitated, LTC costs can exceed what they have saved for retirement.
Long term care insurance leads offer great potential to any insurance agent. If you aren't familiar with these types of leads, it is best you familiarize yourself with them first. Then you can begin to take advantage of their potential through quality long term care insurance leads. One can also click here to get more information about long-term insurance online .
Long term care insurance provides the insured daily care if he/she can't do it him/herself due to chronic illnesses such as Alzheimer's and Parkinson's disease. The basic nursing cares provided are bathing, dressing, combing, eating and other daily living activities.
Is long term care insurance needed?
Some people regard this as unnecessary, because the premiums are expensive, moreover, the self-contradiction is you pay something you hope you will never use it.
This provides reimbursement up to a stated daily maximum and for a set period of time for long-term care expenses you incur. It helps protect your personal savings from the dramatic impact of care expenses. Policies vary, so you need to seek the level of coverage that's appropriate for you.