Long Term Care insurance differs from traditional health insurance; long term care covers personal and daily living services for an extended period of time in places ranging from your home to a community organization. 

The cost of long term care has been increasing as much as 6% annually over the past 5 years and can cost anywhere from $19,000 to over $100,000 a year. These costs are only expected to increase as the baby boomer generation gets closer and closer to retirement. Thankfully, you can purchase Long term Care insurance to help you pay all or some of the costs of everyday living as you or your loved ones get older.