Three Reasons Consumers Purchase Long Term Care Insurance

The option to purchase long term care insurance can be a confusing choice for some. Do you really need it? Is it worth the money? The AHIP Center for Policy and research surveyed people who bought long term care insurance. In 2005 the top three reasons consumers purchased long term care insurance were:

1. To protect assets or leave an estate to loved ones
2. To avoid dependence on family or friends
3. To guarantee the affordability of long term care services

If you are researching long term care insurance companies or shopping around for a policy, InsuranceBureau makes it easy. One convenient form can get you quotes from multiple long term care insurance companies. There's no obligation to purchase a policy and the service is free, so you have nothing to lose. Your information will only be shared with the long term care insurance representatives providing your quotes.

Sources

1. Who Buys Long-Term Care Insurance? A 15-Year Study of Buyers and Non-Buyers. (2007). Retrieved April 24, 2008, from http://www.ahipresearch.org/