3 Common Mistakes

long_term13Thinking about your long-term care planning can be overwhelming but there are a few things that might help. Trying to avoid the mistakes many people tend to make will help things feel a lot less complicated!

1. The “it won’t happen to me” or “I still have plenty of time” attitude!
No one wants to believe or expect they may need long-term care in the future, no matter how far away. But, the risk is a reality. The only time that’s too late to consider long-term care protection is once you need it. Don’t wait until that time to decide to plan for your future.

2. Believing someone else will pay for your long-term care.
Government programs generally do not pay for long-term care, and the ones that do, pay a very limited amount. So, it is YOUR responsibility to plan and protect yourself.

3. Buying long-term care insurance from an uneducated agent.
This is a big purchase, so you want someone who knows the ins and outs to guide you through the process. Find someone who is knowledgeable in the field, can shop around to get you the best coverage for the best price, and who can explain everything to you along the way.

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