LTCi November

November's been designated as national Long-Term Care Awareness Month. We've blogged on Long-Term Care insurance (LTCi) often here; my favorite post on the subject (and one I send to pretty much every prospective LTCi client) is this one from LTCi guru Herman Bruns.

Another LTCi expert is Christine van Breukelen, who alerts us to these "fun" facts:

■ Most long-term care is received at home; not in a nursing home.  In fact, 43% of long-term care insurance claim benefits paid to individuals covered home care (and only 24% paid for nursing home care.)

■ One of the significant ways to save on long-term care insurance protection is to take advantage of available discounts.  People in good health can save.  You can lock in these savings even when your health changes.  Less than half (44%) of people between 50 and 59 qualify though and that percentage declines at older ages.  Why not see if you qualify.

■ Married couples can save on long-term care insurance, sometimes even when only one person is protected.  And with new "shared care" options, two people can actually share each other's coverage.   Less money … more benefit … worth considering.

And Chris adds: There's a great saying; Failure To Plan is a Plan For Failure.  Your first step should be getting the information you need to protect yourself, your family and your loved ones.