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Long Term Care Ltc
Beginning of Essay
The product I selected is Long Term Care Insurance (LTC). Long-term care insurance is for the protection of individual and family investments. Customers always assume insurance is going to be expensive when it come to protecting your financial security. In .... Middle of Essay
.... 20 % of the population will be over 65 years of age, due to the baby boomer era. Based on statistics, at least 25% or more will require long tern care.
Growth of LTC facilities
There are estimates of 20,000 to 30,000 LTC homes in the United States, according to industry figures. The widening flood of Americans later life guarantees that long-term care facilities will be the 21st century growth industry. The market which was $86 billion in 1996, is expected to reach $490 billion by 2030.
Trends
Purchasing LTC insurance is a 50/50 gamble whether you will ever need this insurance or not. More and more people over the age of 65 not only ....
| Membership Type |
Price |
Instant Access |
| 30 days (recurring) |
$19.95 |
| 90 days (recurring) |
$39.95 |
| 180 days (non-recurring) |
$69.95 |
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Words: 709 - Pages: 3
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