Friday's Financial Tip: LONG TERM CARE INSURANCE 09/28/2012

By Scott Sarvay

September 28, 2012 Updated Nov 19, 2012 at 5:05 PM EDT

The current average cost of a nursing home in Indiana ranges from $4500 to $6000 per month. The average stay is 2.5 years, however we all know of individuals who spend ten or more years in a care facility. If you don’t have long term care insurance it is vital that you take the time to get quoted immediately.

Casey Weade is President and CERTIFIED FINANCIAL PLANNER TM of Howard Bailey Financial, Inc.

Any comments regarding safe and secure investments, and guaranteed income streams refer only to fixed insurance products. They do not refer, in any way to securities or investment advisory products. Fixed Insurance and Annuity product guarantees are subject to the claims‐paying ability of the issuing company and are not offered by Global Financial Private Capital LLC.

Investment Advisory Services offered through Global Financial Private Capital, LLC, an SEC Registered Investment Advisor.

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