1. Because the chances of entering a nursing home have tripled since 1983. Approximately one in twenty-five seniors age 65 or older risk entering an nursing facility at some time in their lives.
    
2. Because I cannot depend on Medicare to cover my expenses in a nursing facility. Medicare covers less than two percent of all nursing home expenses.
    
3. To protect everything I have worked for. 46% of elderly persons entering a nursing home would be impoverished within three months, and 75% would be impoverished within one year.
    
4. To preserve my estate for my family. Most seniors would rather leave their estate to their family or charity than spend  it on long term nursing home costs.
    
5. To have the opportunity to select the facility of my choice. Once a person enters a facility and eventually goes on Medicaid, the government decides where that individual can continue to receive benefits.
    
6. So I do not have to go on Medicaid. Many who are in nursing homes are on Medicaid. Medicaid pays about 45% of nursing home care (after out of pocket).
7. Because I am healthy and I can qualify. Many of the people we initially contact cannot qualify for LTC coverage because of health related problems.
    
8. Because at my age, long term care coverage is less expensive that what it will cost on my next birthday. After age 65, the younger you are when you enroll, the less expensive coverage is for the rest of your life.
    
9. Because I intend to make my critical insurance decisions now, so I may have the convenience of good health care options when I need them.

Everything you need to know about:

Life Settlements

Disability Insurance