News Headlines Article

Long-term-care insurance offers protection, but it’s not right for everyone
Washington Post

In the last years of Martin Privot’s life, his family had to start selling his assets to pay for his nursing home costs. “He needed 24-hour care and couldn’t be left alone,” recalls his daughter Toni Footer. “My biggest fear was we would run [through his money] and wouldn’t be able to provide the care that he needed.” Privot died in 2008, from post-surgical complications and other ailments, before all his assets were depleted.