Stop 100 people over 65 on the street and ask them if they will ever need to go long-term care and 99 will say, “No!” Folks tend to equate long-term care insurance with nursing homes, but there are other aspects of long-term care – home care, assisted living, adult day care and hospice care are all forms of long-term care which cost money where the person never sees the inside of a nursing home.

Planning for the many types of long term care just makes good financial planning sense.

However, long-term care can be expensive, especially if a person waits too long to buy it. Age and health problems could make premiums prohibitive or even render the coverage unattainable.

What if there was a way to make sure you had long term care coverage if you ever needed it, but never had to take premiums to pay for it out of your income? Actually, there are quite a few. Let's look at three of them...[full story]