Is Long Term Care insurance good for single people?

As a Long Term Care insurance agent I run into many diverse family situations.  Second marriages, widows, never married, and divorced situations.  More often as of late I’m running into single people that have no children or their children are hundreds of miles away.  Basically, they have nobody close by to take care of them. 

One of the benefits of having a strong Long Term Care Insurance policy is that the financial burden will be lifted with a properly designed policy but also the financial stress put on your children will be lifted.  The other aspect is if you are single and nobody close by can assit with care giving, therefore, a nice Long Term Care insurance policy can protect your assets.

I read a great article on this very subject in The Dallas Morning News where Scott Burns answers a similar question.  You can read that article at Dallas News Extra Blog.

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