Allen and Lynda felt they were too young to consider long-term care insurance, but their minds changed when Richard explained that 40 percent of all long-term care claims benefit people under 65.
Several months after acquiring their policy, Allen started to forget things. By the beginning of the next school year, he was diagnosed with Alzheimerâ€™s disease and couldnâ€™t return to work. In fact, he needed a home health aide to assist him so that Lynda could continue to teach. Allenâ€™s long-term care insurance paid for the home care and later, when his condition worsened, covered his stays in an assisted living facility and a nursing home for over two years.