Unum's analysis showed that 30 percent were cancer claims, and more than 10 percent were claims resulting from strokes. Long term care insurance is nursing home and in-home care insurance. Health care flexibility: Home health care is by far one of the most popular settings for care. In most cases, whatever the value that the policy would pay would be matched by the state in free, future, LTC benefits. Here are some qualification rules in use by the State of Missouri as published in the Consumer Guide for seniors from the official Web page for the State ( (For other States check the State.gov web page and then search on insurance and long term care). If you see the wisdom in investing in both an auto and home insurance policy, what are the odds that you will have to use either of them to protect against a major financial threat in your lifetime? One in a hundred? One in fifty?. One of the most common objections to investing in LTCi is that some folks feel that they will probably never use the policy since they are in pretty good health now, and they don't want to waste money on something that will never actually be put to use. Do you have such an auto insurance policy for each vehicle you own?. Long term care insurance activist, Clay Cotton, writes for - The Online Baby Boomers Decision Assistance Center, where you get Free Long Term Care Insurance advice, comparative rate quotes and personal guidance, all while safely at home in your favorite pajamas and bunny slippers. They can help you find and select an insurance carrier that will best fit your needs because of the extra training and education they have received in this field. Here is a quote from their website: "About 60 percent of individuals over age 65 will require at least some type of long-term care services during their lifetime. Many people decide against long-term care insurance under the misguided assumption that they cant afford it without actually finding out how much long-term care insurance costs. In view of this, doesn't it make sense that those that can afford to provide for their own care financially, make an effort to do so, if for no other reason than out of love and concern for those around them that they care for most?. We have seen folks use the home health care benefit of their policy to get a sitter or a home health aid to help them with their activities of daily living. Women need care for longer (on average 3.7 years) than do men (on average 2.2 years). It is a daunting decision, given the fact that we spend so much of our lives working and sending payments for so many other kinds of necessary insurance. Even though they can cost a few thousand dollars to repair, the real threat to a person's financial assets would be a major accident where individuals are seriously hurt and may require extremely expensive medical treatment, perhaps even for a long period of time. It is wise to look for those that have the CLTC designation which stands for "Certified in Long Term Care". Statistics on the effect that providing long term care can have on caregivers show that in many cases the caregivers eventually become almost as sick as those that they have been caring for, and many never fully recover from the effects of such devoted care. Yet, we still have no cure for Alzheimer's, Parkinson's disease, Multiple Sclerosis or many other illnesses that can cause a need for long term care. Purchasing long term care insurance is a serious consideration with the ever rising cost of home health care and nursing home care.