Why is there so much noise about long term care insurance? Is it really that important? Yes, it is and here are reasons...

1) Statistics prove Long term care insurance is important...

America has an aging population and a good percentage of that population will need long term care. According to the U.S. Department of Health and Human Services estimates about 4 out of every 10 persons who are 65 years old and more have a 50/50 chance of being in need of long term care insurance in the form of entering a nursing home.

2) The cost long term care is prohibitive...

A year's stay in a nursing home will cost a person close to $100,000 annually. If a couple need to stay in a nursing home that will be around $200,000. That's enough to wipe out most people's lifetime savings and investments.

3) Medicaid is a poor alternative to getting a long term care insurance policy...

You'd have to be at a certain level of poverty to qualify for Medicaid. And even if you do qualify, you'll have little control or choice over how you'll spend those days.

It's up to you to decide if long term care insurance is right for you. If you're either very rich or very poor, you don't need long term care insurance. But if you decide that it's right for you, then go for it now. You'll pay less if you're younger.

You can get affordable long term care insurance if you get and compare quotes from at least three insurance quotes sites. And, it will require just about 15 minutes on the whole. Make sure that you give the same (correct) information about yourself at every site visited. The next thing is really as easy as picking the best long term care insurance quote.