Some folks think that their health insurance policy is good enough for long term care. A comprehensive health insurance plan will only give you coverage for not more than 90-120 days. This makes this policy a very important part of any solid financial plan — More so, where you have a history of debilitating disease in your family.

In order to ensure that I don’t give misleading information, take note of the following: Once the type of care you’re getting is purely medical, it still falls under your standard health insurance irrespective of the length of time. However, for long term care usually in the form of assisted living, it comes under a long term care insurance policy.

So what is assisted living? Since assisted living is the major separating line, what really amounts to assisted living? If a person needs assistance to eat, dress up, take his/her bath and so on due to old age or a health condition like stroke, then such a situation is assisted living.

While in most cases such care is given by family members, it does have a disorganizing effect both emotionally and socially. So, in most cases, professionals in this field are called in. You can imagine the cost of paying for this kind of specialized care over the period of a year or two out of the pocket.

Furthermore, using a nursing home for a year could cost a couple as much as $180,000. Anyone who isn’t ruined by such heavy expenses is definitely a very rich person. So long term care insurance is a good addition if you have substantial assets but can’t handle such expenses.

If you forget everything you’ve read don’t miss this: Even if yours is a very comprehensive health insurance plan, it will only give coverage for non-medical care and assisted living for at most 120 days. On the other side of the coin, don’t let anyone make you believe that you can dump your health insurance plan and get a long term care insurance policy. These two policies take care of two different sets of needs.

Also note that as good as it is, long term care is NOT a policy for everyone. If you are very rich and can easily afford to spend $100,000 a year for long term care you don’t need long term care insurance. If you’re also so poor that you really qualify for Medicaid, then you don’t need long term care insurance.

If you need long term care insurance and want to save much, visit and get long term care insurance quotes from at least three quotes sites. Evaluate the quotes you receive and pick what represents the best combination of adequate coverage and affordable rate.

Go to the sites below and you’ll be sure of very low rates. affordable health insurance and low cost health insurance. Chimezirim is a proven expert on steps that guarantee lower insurance rates.

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