by Ted Butler
Many seniors today are choosing to take advantage of Long Term Care insurance and make the decision ahead of time to deal with the reality of aging - at home. One of the prime tenents of LTC Insurance is to give policy holders the option to receive care in the comfort and privacy of their own home - and Reverse Mortgages are become one of the most popular ways to fund the cost of this insurance.
Reverse Mortgages, whether they are the FHA HECM or the lender guaranteed Cash Account Reverse mortgages are specially designed for todays higher value/balance homes, and have been realized to be a perfect fit for this purpose. Use your home to stay in home, and to pay for the care you receive at home is being supported not only by the insurance industry but government as well - the real winner though is the senior home owner.
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