Insurance is a funny thing. It makes the most sense to buy it if things are going to go badly. Why would anyone want to buy a product that has such a pessimistic view of the future? Who wants to think they are going to die in the next 20 years? (Term Life Insurance) Or that their house will burn down? (Homeowners Insurance) Or, as in the case of Long Term Care Insurance, who wants to think about a time in the future that their physical abilities will decline to the point where they can no longer bathe themselves, feed themselves, or take themselves to the toilet? Frankly, it sounds pretty depressing, and it is human nature to ignore it.
But if you are able to think beyond that, think about what what it can offer you. Long Term Care Insurance, which covers the cost of care when you are no longer able to care for yourself, offers you many wonderful things. It offers the freedom to hire the care you need, rather than depending heavily upon your family. It offers options, such as bringing care into your home instead of being forced to move out. It offers comfort, knowing that you will not have to pay for all the care out of pocket, or – worse yet – depend upon your children and family to try and pay the mounting expenses.
If you are interested in learning more about Long Term Care Insurance in the Portland, Oregon metro area, Elder Life Resource can offer you education and information to help you navigate your way through the options. Please call us at 503-789-4222 or contact us at info@elderlr.com.
Tags: Long term care insurance, oregon, portland
