Losing the ability to care for one's self is a reality many people will face as they age.  Who will help them live out their final years?

Most would prefer to receive care the old fashioned way -- at home with their families.  But families today may not live nearby, can't take time off work or don't have the skills needed to care of an elderly person.

Consider the following statistics:
Chance of be in an auto accident 1 in 240
Chance of having a house fire 1 in 12, 000
Chance of needing a long term-care 1 in 2

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Source: Underwriter's LTC Council, as cited in www.longterminsurance.org, 2002

 

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