Warning: Use of undefined constant referer - assumed 'referer' (this will throw an Error in a future version of PHP) in /usr/home/essaywo/public_html/essays on line 102

Warning: Use of undefined constant host - assumed 'host' (this will throw an Error in a future version of PHP) in /usr/home/essaywo/public_html/essays on line 105

Warning: Cannot modify header information - headers already sent by (output started at /usr/home/essaywo/public_html/essays:102) in /usr/home/essaywo/public_html/essays on line 106

Warning: Cannot modify header information - headers already sent by (output started at /usr/home/essaywo/public_html/essays:102) in /usr/home/essaywo/public_html/essays on line 109
Long Term Care Ltc - College Papers

Long Term Care Ltc

The product I selected is Long Term Care Insurance (LTC). Long-term care insurance is for the protection of individual and family investments. Customers always assume insurance is going to be expensive when it come to protecting your financial security. In this case it’s worth the investment once you know what you can loose.
LTC insurance is marketed to individuals as a planning tool. It’s the type of insurance you hope you never have to use. This insurance is similar to auto insurance, where you pay for protect against possible injury or damage. It’s an investment that helps you hold on to your fortune once you enter into a long term care facility. LTC ...

Want to read the rest of this paper?
Join Essayworld today to view this entire essay
and over 50,000 other term papers

of LTC facilities
There are estimates of 20,000 to 30,000 LTC homes in the United States, according to industry figures. The widening flood of Americans later life guarantees that long-term care facilities will be the 21st century growth industry. The market which was $86 billion in 1996, is expected to reach $490 billion by 2030.
Trends
Purchasing LTC insurance is a 50/50 gamble whether you will ever need this insurance or not. More and more people over the age of 65 not only need health care insurance, yet many forget about the long term care that may be required if a person is disabled or requiring long term care. Planning ahead can save individuals from their entire fortune being eaten up by the high the cost of long-term care facilities. Based on the cost of long-term care facilities, you might want to consider LTC insurance.
Insurance companies show what someone would pay by not having LTC insurance. They also use the words like “What intelligent buyers ...

Get instant access to over 50,000 essays.
Write better papers. Get better grades.

Already a member? Login

CITE THIS PAGE:

APA
MLA
Chicago
Turabian

Long Term Care Ltc. (2006, June 10). Retrieved April 26, 2024, from http://www.essayworld.com/essays/Long-Term-Care-Ltc/47289

"Long Term Care Ltc." Essayworld.com. Essayworld.com, 10 Jun. 2006. Web. 26 Apr. 2024. <http://www.essayworld.com/essays/Long-Term-Care-Ltc/47289>

"Long Term Care Ltc." Essayworld.com. June 10, 2006. Accessed April 26, 2024. http://www.essayworld.com/essays/Long-Term-Care-Ltc/47289.

JOIN NOW

Join today and get instant access to this and 50,000+ other essays

PAPER DETAILS

Added: 6/10/2006 02:54:53 AM
Category: Miscellaneous
Type: Premium Paper
Words: 709
Pages: 3

Save |

Report

SHARE THIS PAPER

SAVED ESSAYS

Save and find your favorite essays easier