You probably haven’t thought about it much, but what would you do if you suddenly suffered from a serious health condition, such as a disability? Would a family member be able to take you in and care for you? What would the impact be on their immediate family in regards to finances and emotion?
What if a family member suddenly suffered from a serious health condition? Would you be able to afford taking them in and caring for them? Would you sacrifice money as well as time with your children in order to care for them? Or do you have the extra money to send them to an assisted living facility that can cost nearly $8,000 a month?
There’s a simple answer to these questions: long-term care insurance.
Click here to read full article: Long-Term Care and Its Impact on Families