Long Term Care PoliciesLong Term Care (LTC) policies protect assets and can provide peace of mind when someone needs assistance with daily living due to an accident, illness or advancing age. LTC policies can cover expenses for care in your home or at a facility. The national average cost for a nursing home stay is $55,000 per year2. Of all the people requiring some form of LTC, 40% are between the ages of 18-64 while only 60% of people are 65 or older3. Executive Ideas can review the many types of LTC contracts to identify the one that best meets your needs. 2U.S. General Accounting Office, March
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