Life Insurance with LTC riders - worth a look

Less than 5% of the population has LTC (long tern care) insurance. Experts predict that 6 in 10 will need some sort of LTC care. Costs range from $!8-$30 an hours for home health care. Nursing facilities can be $7000 or more a month. It really pays to sit down with your insurance or financial planner and discuss what the costs are, and how you are positioned should should you or your spouse (or your parents) need this care. WHen you run out of money, you run out of options.