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People needing and receiving long-term care are commonly thought to be senior-citizens which is a misconception and ignores the reality that disabling health issues or accidental causes affect people of all ages and must not be ignored. In simplest terms, a person is characterized as needing care when he or she needs some measure of assistance in performing what are referred to "activities of daily living" which encompass bathing, dressing, eating, etc: and may be provided either in the home or in a facility Such persons are described as suffering from a "chronic condition" such that full recovery is unlikely and they will require such assistance for 3-5 years on average. It is likely that with increased life expectancy and advances in medical technology, people will require longer periods of care which only increases the strain on families and government resources which are already in danger of being exhausted. Given today's statistical reality of a 60% chance of someone reaching age 65 needing care in their lifetime and the real-life experiences of increasing numbers of people who have or are managing care for a loved one, this issue is ripe for discussion and advisors who fail to address the subject expose themselves to professional liability. WHY PEOPLE BUY LTC INSURANCE.
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