It is hard to know if and when one will need long term care and how much a long term care event may cost, but there are some statistics that may help.
The Indiana Long Term Care Insurance Program (ILTCIP) is an innovative partnership between the State of Indiana and private long-term care insurance companies. Indiana has taken the lead in helping residents protect their hard-earned savings from the high cost of long-term care.
2016 Indiana Partnership LTC Policy Requirements
"What are my risk of needing Long term care"?
Long Term Care Insurance
Did you know?...The lifetime chance someone who buys a policy at age 60 will use their policy before they die is 50%.