In this episode I chat with Michael Orleans of the Meltzer Group about Long Term Care.
1) What is Long Term Care?
2) What are the odds of an individual needing long term care in their lifetime, and how long is the average claim?
3) How much does long term care cost? Why do people purchase long term care insurance policies?
4) What does a long term care policy pay for? Do all options pay for the same things?