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Saturday, December 13, 2008

Long-Term Care...It's a Women's Issue!

The Women’s Institute for Financial Education gives a good overview of why long term care is a crucial financial and emotional issue for women;

Women, especially, bear the brunt of these care costs. Because women live longer than men, they require lengthier care as they age, and because women often assume responsibility for their family’s health and welfare, the task of caring for elderly parents, an ill spouse, or disabled brothers and sisters usually falls to us. With long-term care insurance, you can get the assistance you need and your loved ones deserve.

Longevity and social expectations tend to shift the burden of care as well as the need for care to women. Because of this, insurance for long term care an important issue to consider in the financial planning and protection. Remember that planning for long-term medical care is just another part of a continuous lifelong financial plan. An Long-Term Care insurance specialist can assist you in exploring whether Long Term Care insurance is appropriate for you and your family.

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