Long Term Care Insurance

Someone again asked me about this, I have an article on my website. If you are Canadian, I would be cautiously supportive, but it depends on your circumstances. The costs can outweigh the benefits. If you have a large estate which you are planning on using and spending down, if you don't necessarily have someone you want to leave money to, or something, then it is not as important.

Long Term Care Insurance is especially useful in this country for help in the home. This is many times what makes the difference between beign able to stay in one's own home, and having to move to senior's housing, such as assisted living or nursing homes.

Make sure it is indexed to inflation, check out the company, make sure it will pay costs when you will need it, , find out about waiting periods before it kicks in.

Do your homework.