Long Term Care
The statistics are sobering. As the population ages, the reality of needing some type of long term care looms large. Consider that 60% of Americans have had long term care. Each year, the number of Americans depleting their assets to pay for long term care tops 100,000. And for every person in a nursing home at any given time, there are three who need care in their own homes.

In consultation with a professional at Alliant, you can put in place a long term care plan that will be there when you need it.

Considerations for long term care insurance would include:

You want peace of mind and freedom of choice should you become unable to care for yourself You would like quality long term care You want your assets protected You do not want to be on welfare (Medicaid)

How to select a quality long term care product:

Use a reputable insurance carrier. 97% of all long term care insurance policy sales come from the top 10 carriers and the top two account for about 50%. It is recommended that the company you choose have at least ten years in the business and hundreds and millions of dollars in premium in force. Look for a policy that has inflation protection built in and is tax qualified. The impact of inflation and taxes are of prime importance when planning. Consider where you want your care. Differences in policies could result in a reduced benefit if care is provided in your home.