As Baby Boomers enter the final stages of life, in which someone is possibly going to be required to take care of them, the costs surrounding in-home nursing care or nursing home living comes up. Long-term care insurance is an insurance policy purchased before it is needed that will eventually pay for the care of an aging adult somewhere down the line.
This white paper looks at different segments of the affluent investor market to see how many of them have purchased long-term care insurance or plan to do so. For those that do not, it will examine the reasons they choose not to invest in long-term care insurance.
Reports You Might be Interested In:
Baby Boomer PersonasFinancial Attitudes and Concerns - UHNW 2015Why Investors Switch Advisors
Articles You Might be Interested In:
The Current State of Long-Term Care Insurance
Will Long-Term Care Insurance be Around for the Long Term?
Long-Term Care Insurance: A Miss or Must?
Long-Term Care Insurance: Why or Why Not?
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