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The National Alliance for Caregiving points out that many
Americans today are facing tremendous burdens in caring for
aging parents because they lack the resources for in-home care
or nursing home services.
This makes discussing your parents' long term care wishes with
them now extremely important. A long term care insurance
policy can cover the unexpected costs of care and can be
affordable, especially if the parents are in relatively good
health and are still fairly young.
The fact is: Premiums increase over time as well as
with older age and health conditions.
There's no better time than the present to look into the option
of your parents buying a long term care insurance policy....and
for you to buy one as well. Many baby boomers are
beginning to realize the need for this insurance as they
experience long term care issues with their own parents.
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